SCHMIT MACHINE INC.

Summary of PPP (Paycheck Protection Program) Loan approved to SCHMIT MACHINE INC. by JPMorgan Chase Bank, National Association. The loan was approved on 4/16/2020 in the range of $150,000-350,000.

Business Information

Name:

SCHMIT MACHINE INC.

4747 36TH ST
LONG ISLAND CITY, NY 11101
Business type: Corporation
Machinery Manufacturing
→ Elevator and Moving Stairway Manufacturing
Non-profit: No
Loan amount: $150,000-350,000
(50 Jobs retained)
Date approved: April 16, 2020
Lender JPMorgan Chase Bank, National Association

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.