# PPP loan: SCHMIDT & SCHMIDT, LTD
> **$182K** approved 04/06/2020 · Paid in Full · Loan `6413497007`
## Borrower
- **Name:** SCHMIDT & SCHMIDT, LTD
- **Address:** 7760 France Avenue South, Bloomington, MN, 55435-3204
- **NAICS:** 541211
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $182K
- **Initial approval:** $182K
- **Forgiven:** $184K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $182K
- **Jobs reported:** 8
## Lender
- **Originating:** Choice Financial Group
- **Servicing:** Choice Financial Group (ND)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*