Schmidt Electrical Construction, LLC

$182,000 PPP Loan in Platteville, Wisconsin

Loan Details

Loan Number
7512877003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$182,000
Current Approval
$182,000
Forgiveness Amount
$184,154
Forgiveness Date
Jun 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schmidt Electrical Construction, LLC
Address
72 Means Dr
ZIP Code
53818-3898
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
$5.9M
Rural/Urban
Rural
Congressional District
WI-03

Loan Use Breakdown

Payroll
$174,000
Utilities
$4,000
Mortgage Interest
$4,000

Lender Information

Servicing Lender
Clare Bank, National Association
Originating Lender
Clare Bank, National Association

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