Schmid Tool & Engineering
$1,314,563 PPP Loan in Villa Park, Illinois
Loan Details
- Loan Number
- 8524817205
- Date Approved
- Apr 28, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,314,563
- Current Approval
- $1,314,563
- Forgiveness Amount
- $1,321,135
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Schmid Tool & Engineering
- Address
- 930 N Villa Ave
- City
- Villa Park
- State
- Illinois
- ZIP Code
- 60181-1140
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 103
- Estimated Revenue
- $25.2M
- Rural/Urban
- Urban
- Congressional District
- IL-06
Loan Use Breakdown
- Payroll
- $1,314,563
Lender Information
- Servicing Lender
- Old National Bank
- Originating Lender
- First Midwest Bank, a Division of Old National Bank
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