Schammel Electric, INC
$393,970 PPP Loan in Austin, Minnesota
Loan Details
- Loan Number
- 8014777010
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $393,970
- Current Approval
- $393,970
- Forgiveness Amount
- $398,796
- Forgiveness Date
- Jun 24, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Schammel Electric, INC
- Address
- 1200 21st Ave NE Po Box 735
- City
- Austin
- State
- Minnesota
- ZIP Code
- 55912-4100
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 14
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $393,970
Lender Information
- Servicing Lender
- First Farmers & Merchants National Bank
- Originating Lender
- First Farmers & Merchants National Bank
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