PPP borrower record
SCHMIDT STEEL INC. PPP loan record
Public SBA PPP loan record for SCHMIDT STEEL INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$2,357,467
Approved amount
$2,383,661
Forgiven amount
2020-04-27
Date approved
Borrower and loan details
Borrower
SCHMIDT STEEL INC.
Loan number
4506827206
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Elgin
Borrower state
Illinois
Borrower ZIP
60123
Jobs reported
70
Loan status
Exemption 4
Forgiveness date
2021-06-11
Servicing lender
First American Bank
Originating lender
First American Bank
Reported use of proceeds
Payroll
$2,357,467
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
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.