Schmitt Electric, Inc.

$3,507,355 PPP Loan in Wenatchee, Washington

Loan Details

Loan Number
7265307107
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$3,507,355
Current Approval
$3,507,355
Forgiveness Amount
$3,547,714
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schmitt Electric, Inc.
Address
1114 Walla Walla Avenue
ZIP Code
98801
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
234
Estimated Revenue
$77.0M
Rural/Urban
Urban
Congressional District
WA-08

Loan Use Breakdown

Payroll
$3,507,355

Lender Information

Servicing Lender
Cashmere Valley Bank
Originating Lender
Cashmere Valley Bank

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