# PPP loan: SCHMIDT TRANSPORTATION INC
> **$1.29M** approved 04/03/2020 · Paid in Full · Loan `4492827008`
## Borrower
- **Name:** SCHMIDT TRANSPORTATION INC
- **Address:** 108 East Bay Road, PLATTSMOUTH, NE, 68048-6419
- **NAICS:** 484110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.29M
- **Initial approval:** $1.21M
- **Forgiven:** $1.30M (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.29M
- **Jobs reported:** 95
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (NE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*