SCHMIDT ELECTRIC, INC.

PPP loan information & details

Business Information

Historical loan information does not establish current debt or wrongdoing. Missing values are shown as “Not reported”; recorded zeros remain zero. SBA source and field definitions.

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Business SCHMIDT ELECTRIC, INC.
Business Type Subchapter S Corporation
Business Category Electrical Contractors and Other Wiring Installation Contractors
Business Address 491 Highpoint Ct
Bourbonnais IL 60914-1017
Jobs Retained 3
Loan Amount $120,700
Forgiveness Amount $121,461

Amount recorded as forgiven in the source. Do not subtract it from the approved amount to infer a current balance.

Loan Status Paid in Full

The source records this loan as paid in full. This status alone does not distinguish repayment from forgiveness.

Status date: Oct 15, 2021

Date Approved 01/22/2021
Lender Federated Bank
107 N Chestnut St
ONARGA IL 60955-1201
Ethnicity Owned Unanswered
Gender of Owner Unanswered
Is Owner a Veteran? Unanswered