SCHMITTY & SONS HOLDINGS, INC.

Summary of PPP (Paycheck Protection Program) Loan approved to SCHMITTY & SONS HOLDINGS, INC. by New Market Bank. The loan was approved on 4/28/2020 in the range of $5-10 million.

Business Information

Name:

SCHMITTY & SONS HOLDINGS, INC.

22750 PILLSBURY AVENUE
LAKEVILLE, MN 55044
Business type: Employee Stock Ownership Plan(ESOP)
Transit and Ground Passenger Transportation
→ School and Employee Bus Transportation
Non-profit: No
Loan amount: $5-10 million
(50 Jobs retained)
Date approved: April 28, 2020
Lender New Market 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.