# PPP loan: SCHMIDT-GOODMAN OFFICE PRODUCTS INC
> **$521K** approved 02/02/2021 · Paid in Full · Loan `1722548409`
## Borrower
- **Name:** SCHMIDT-GOODMAN OFFICE PRODUCTS INC
- **Address:** 1920 Broadway Ave N, Rochester, MN, 55906-4003
- **NAICS:** 453998
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $521K
- **Initial approval:** $521K
- **Forgiven:** $525K (101%)
- **Forgiveness date:** 10/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $521K
- **Utilities:** $1
- **Jobs reported:** 46
## Lender
- **Originating:** Bremer Bank, National Association
- **Servicing:** Bremer Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*