As part of the Paycheck Protection Program SCHMIDT ASSOCIATES 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.

SCHMIDT ASSOCIATES INC


Loan Amount	$2,085,300
BusinessName	SCHMIDT ASSOCIATES INC
Address	415 Massachusetts Avenue
City	Indianapolis
State	IN
Zip	46204
NAICSCode	541310
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	108
DateApproved	04/28/2020
Lender	The National Bank of Indianapolis
CD	IN-07
BusinessName.clean	SCHMIDT ASSOCIATES

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

SCHMIDT ELECTRIC COMPANY
SCHMIDT EQUIPMENT
SCHMIDT FIRE PROTECTION CO
SCHMIDT PETERSON MOTORSPORTS
SCHMIDT STEEL