SCHMIDT EQUIPMENT, INC.

Summary of PPP (Paycheck Protection Program) Loan approved to SCHMIDT EQUIPMENT, INC. by Webster Five Cents Savings Bank. The loan was approved on 4/13/2020 in the range of $2-5 million.

Business Information

Name:

SCHMIDT EQUIPMENT, INC.

80 SOUTHBRIDGE RD
NORTH OXFORD, MA 01537
Business type: Subchapter S Corporation
Merchant Wholesalers, Durable Goods
→ Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers
Non-profit: No
Loan amount: $2-5 million
(50 Jobs retained)
Date approved: April 13, 2020
Lender Webster Five Cents Savings Bank

Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

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.