Schott Distributing Company, Inc.

$1,102,000 PPP Loan in Rochester, Minnesota

Loan Details

Loan Number
5354737001
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,102,000
Current Approval
$1,102,000
Forgiveness Amount
$1,112,778
Forgiveness Date
Apr 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schott Distributing Company, Inc.
Address
6735 Highway 14 E
ZIP Code
55904-8679
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424810)
Business Age
Existing or more than 2 years old
Jobs Reported
78
Estimated Revenue
$20.1M
Rural/Urban
Urban
Congressional District
MN-01

Loan Use Breakdown

Payroll
$1,102,000

Lender Information

Servicing Lender
Cibc Bank USA
Originating Lender
Cibc Bank USA

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