NewBizBot
Try for Free

Schmitz Motor Company

$34,900 PPP Loan in Perham, Minnesota

Loan Details

Loan Number
7942737007
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$34,900
Current Approval
$34,900
Forgiveness Amount
$35,114
Forgiveness Date
Nov 27, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Schmitz Motor Company
Address
900 West Main
City
Perham
State
Minnesota
ZIP Code
56573-1244
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$34,900

Lender Information

Servicing Lender
United Community Bank
Originating Lender
United Community Bank

Other PPP Loans in Perham, MN

BusinessApproved
Arvig Enterprises, Inc.$7,035,500NewBizBotAI Deep Dive
Swan Machine, Inc.$1,288,800NewBizBotAI Deep Dive
Aeis Construction INC$1,234,500NewBizBotAI Deep Dive
All State Communications, Inc.$1,196,700NewBizBotAI Deep Dive
Lakes Area Cooperative$1,180,800NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free