# PPP loan: SCHMIDT ENVIRONMENTAL CONSTRUCTION INC
> **$260K** approved 04/07/2020 · Paid in Full · Loan `6748617008`
## Borrower
- **Name:** SCHMIDT ENVIRONMENTAL CONSTRUCTION INC
- **Address:** 301 Sanders Street, AUBURN, AL, 36830-3873
- **NAICS:** 237110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $260K
- **Initial approval:** $260K
- **Forgiven:** $262K (101%)
- **Forgiveness date:** 03/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $260K
- **Jobs reported:** 22
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*