As part of the Paycheck Protection Program SCHMIDT EQUIPMENT, 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 EQUIPMENT, INC


Loan Amount	$2,400,000
BusinessName	SCHMIDT EQUIPMENT, INC
Address	80 SOUTHBRIDGE RD
City	NORTH OXFORD
State	MA
Zip	1537
NAICSCode	423810
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Male Owned
Veteran	Unanswered
NonProfit
JobsReported	133
DateApproved	04/13/2020
Lender	Webster Five Cents Savings Bank
CD	MA-02
BusinessName.clean	SCHMIDT EQUIPMENT

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 FIRE PROTECTION CO
SCHMIDT PETERSON MOTORSPORTS
SCHMIDT STEEL
SCHMIDT TRANSPORTATION
SCHMIEDE