Schmitt Contracting Inc.

$1,456,300 PPP Loan in Brea, California

Loan Details

Loan Number
6254907001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,456,300
Current Approval
$1,456,300
Forgiveness Amount
$1,467,911
Forgiveness Date
Feb 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schmitt Contracting Inc.
Address
343 Berry St
City
Brea
ZIP Code
92821-3140
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238310)
Business Age
Existing or more than 2 years old
Jobs Reported
62
Estimated Revenue
$15.7M
Rural/Urban
Urban
Congressional District
CA-45

Loan Use Breakdown

Payroll
$1,200,300
Rent
$36,000
Utilities
$20,000
Health Care
$200,000

Lender Information

Servicing Lender
American Business Bank
Originating Lender
American Business Bank

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