# PPP loan: SCHMIDT ROOFING, INC.
> **$176K** approved 04/27/2020 · Paid in Full · Loan `3820607203`
## Borrower
- **Name:** SCHMIDT ROOFING, INC.
- **Address:** 3509 HIGHWAY 13 W, BURNSVILLE, MN, 55337-1719
- **NAICS:** 238160
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Forgiven:** $177K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $176K
- **Jobs reported:** 13
## Lender
- **Originating:** First International Bank & Trust
- **Servicing:** First International Bank & Trust (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*