As part of the Paycheck Protection Program SCHMITT ELECTRIC, 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.

SCHMITT ELECTRIC, INC


Loan Amount	$3,507,355
BusinessName	SCHMITT ELECTRIC, INC
Address	1114 Walla Walla Avenue
City	Wenatchee
State	WA
Zip	98801
NAICSCode	238210
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	128
DateApproved	04/14/2020
Lender	Cashmere Valley Bank
CD	WA-08
BusinessName.clean	SCHMITT ELECTRIC

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

SCHMITTSUSSMAN ENTERPRISES
SCHMITT
SCHMITTY SONS HOLDINGS
SCHMITZ AND MITCHELL
SCHMITZ READY MIX