Schmitz & Schmitz Properties, Inc.

$677,600 PPP Loan in Gainesville, Texas

Loan Details

Loan Number
6643487108
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$677,600
Current Approval
$677,600
Forgiveness Amount
$600,969
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schmitz & Schmitz Properties, Inc.
Address
201 W. California Street
State
Texas
ZIP Code
76240-3904
Business Type
Subchapter S Corporation
Industry (NAICS)
Management of Companies and Enterprises (551112)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TX-26

Loan Use Breakdown

Payroll
$600,000
Rent
$77,600

Lender Information

Servicing Lender
First State Bank
Originating Lender
First State Bank

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