LAKEVILLE, MN
As part of the Paycheck Protection Program SCHMITTY & SONS HOLDINGS, 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.
| Loan Amount | $5,639,579 |
| BusinessName | SCHMITTY & SONS HOLDINGS, INC |
| Address | 22750 Pillsbury Avenue |
| City | LAKEVILLE |
| State | MN |
| Zip | 55044 |
| NAICSCode | 485410 |
| BusinessType | Employee Stock Ownership Plan(ESOP) |
| RaceEthnicity | Unanswered |
| Gender | Unanswered |
| Veteran | Unanswered |
| NonProfit | |
| JobsReported | 500 |
| DateApproved | 04/28/2020 |
| Lender | New Market Bank |
| CD | MN-02 |
| BusinessName.clean | SCHMITTY SONS HOLDINGS |
The data come from a release of over 5 million records by the SBA in November, 2020.
Entities affected by Coronavirus (COVID-19) may have been eligible, including:
More info about the PPP is available from the Small Business Administration.
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