PPP borrower record
SCHMITTY & SONS HOLDINGS, INC. PPP loan record
Public SBA PPP loan record for SCHMITTY & SONS HOLDINGS, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$5,639,579
Approved amount
$5,701,846
Forgiven amount
2020-04-28
Date approved
Borrower and loan details
Borrower
SCHMITTY & SONS HOLDINGS, INC.
Loan number
6989057203
Business type
Employee Stock Ownership Plan(ESOP)
Business age
Existing or more than 2 years old
Borrower city
Lakeville
Borrower state
Minnesota
Borrower ZIP
55044
Jobs reported
500
Loan status
Exemption 4
Forgiveness date
2021-06-16
Servicing lender
New Market Bank
Originating lender
New Market Bank
Reported use of proceeds
Payroll
$4,639,579
Rent
N/A
Utilities
$500,000
Mortgage interest
$500,000
Health care
N/A
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.