Paul A. Schmitt Music Company

$1,772,227 PPP Loan in Brooklyn Center, Minnesota

Loan Details

Loan Number
6491968302
Date Approved
Jan 27, 2021
Loan Status
Paid in Full
Initial Approval
$1,772,227
Current Approval
$1,772,227
Forgiveness Amount
$1,790,872
Forgiveness Date
Mar 1, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Paul A. Schmitt Music Company
Address
2400 Freeway Blvd
ZIP Code
55430-1709
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (451140)
Business Age
Existing or more than 2 years old
Jobs Reported
174
Estimated Revenue
$41.0M
Rural/Urban
Urban
Congressional District
MN-05

Loan Use Breakdown

Payroll
$1,772,225
Utilities
$1

Lender Information

Servicing Lender
First Business Bank
Originating Lender
First Business Bank

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