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Schmid Pipeline Construction INC

$1,912,900 PPP Loan in Maquoketa, Iowa

Loan Details

Loan Number
6030617009
Date Approved
Apr 6, 2020
Loan Status
Exemption 4
Initial Approval
$1,912,900
Current Approval
$1,912,900
Forgiveness Amount
$564,285
Forgiveness Date
Mar 31, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Schmid Pipeline Construction INC
Address
2236 312th Ave
City
Maquoketa
State
Iowa
ZIP Code
52060-8617
Business Type
Corporation
Industry (NAICS)
Construction (237120)
Business Age
Existing or more than 2 years old
Jobs Reported
104
Estimated Revenue
$32.2M
Rural/Urban
Rural
Congressional District
IA-01

Loan Use Breakdown

Payroll
$1,912,900

Lender Information

Servicing Lender
De Witt Bank & Trust Co.
Originating Lender
De Witt Bank & Trust Co.

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