Schmitty & Sons Holdings, Inc.

$5,639,579 PPP Loan in Lakeville, Minnesota

Loan Details

Loan Number
6989057203
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$5,639,579
Current Approval
$5,639,579
Forgiveness Amount
$5,701,846
Forgiveness Date
Jun 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schmitty & Sons Holdings, Inc.
Address
22750 Pillsbury Avenue
ZIP Code
55044-8345
Business Type
Employee Stock Ownership Plan(esop)
Industry (NAICS)
Transportation and Warehousing (485410)
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$192.2M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$4,639,579
Utilities
$500,000
Mortgage Interest
$500,000

Lender Information

Servicing Lender
New Market Bank
Originating Lender
New Market Bank

Other PPP Loans in Lakeville, MN

BusinessApproved
Imagetrend, Inc.$3,138,800NewBizBotResearch
Jeff Belzer's Todd Chevrolet, Inc.$2,636,185NewBizBotResearch
Dick's Sanitation Service, Inc.$2,292,500NewBizBotResearch
Enebak Construction Company$2,265,892NewBizBotResearch
J&e Manufacturing Co.$2,236,800NewBizBotResearch

Want to research this company further?

Try NewBizBot free