Summary of PPP (Paycheck Protection Program) Loan approved to SCHMID TOOL & ENGINEERING by First Midwest Bank. The loan was approved on 4/28/2020 in the range of $1-2 million.
| Name: |
SCHMID TOOL & ENGINEERING930 N VILLA AVEVILLA PARK, IL 60181 |
| Business type: | Subchapter S Corporation
Fabricated Metal Product Manufacturing → Machine Shops |
| Non-profit: | No |
| Loan amount: | $1-2 million
(50 Jobs retained) |
| Date approved: | April 28, 2020 |
| Lender | First Midwest Bank |
The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.