# PPP loan: J M SCHMIDT & SONS, INC
> **$378K** approved 04/07/2020 · Paid in Full · Loan `7105907002`
## Borrower
- **Name:** J M SCHMIDT & SONS, INC
- **Address:** W754 Allen Road, THERESA, WI, 53091-9704
- **NAICS:** 112120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $378K
- **Initial approval:** $378K
- **Forgiven:** $383K (101%)
- **Forgiveness date:** 07/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $303K
- **Utilities:** $76K
- **Jobs reported:** 43
## Lender
- **Originating:** Compeer Financial, ACA
- **Servicing:** Compeer Financial, ACA (WI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*