As part of the Paycheck Protection Program SCHMID THERMAL SYSTEMS, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

SCHMID THERMAL SYSTEMS, INC


Loan Amount	$1,331,130
BusinessName	SCHMID THERMAL SYSTEMS, INC
Address	200 WESTRIDGE DR
City	WATSONVILLE
State	CA
Zip	95076
NAICSCode	333994
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	85
DateApproved	04/15/2020
Lender	Bank of America, National Association
CD	CA-20
BusinessName.clean	SCHMID THERMAL SYSTEMS

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

SCHMID TOOL ENGINEERING
SCHMIDT STACY CONSULTING ENGINEERS
SCHMIDT ASSOCIATES
SCHMIDT ELECTRIC COMPANY
SCHMIDT EQUIPMENT