Schmidt C-Stores, Inc.

$122,000 PPP Loan in Waite Park, Minnesota

Loan Details

Loan Number
9491587009
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$122,000
Current Approval
$122,000
Forgiveness Amount
$122,898
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schmidt C-Stores, Inc.
Address
304 3rd Street North
ZIP Code
56387-1119
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (447110)
Business Age
Existing or more than 2 years old
Jobs Reported
38
Estimated Revenue
$12.7M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$108,668
Rent
$7,532
Utilities
$5,800

Lender Information

Servicing Lender
American Heritage National Bank
Originating Lender
American Heritage National Bank

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