ARDO SCHMIDT CONSTRUCTION INC. (IA) - 2020 PPP Loan Borrower Profile (# 8159598600)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARDO SCHMIDT CONSTRUCTION INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Iowa.

Loan Detail

Loan Number

8159598600

SBA Office Code

0736

Processing Method

PPS

Curent Loan Amount

$12,954

Date Loan was Approved

Mar 24, 2021

Amount Forgiven

$13,005.46

Date Loan was Forgiven

Aug 18, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

12,951

Lender

The Clinton National Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

237990

Borrower Location

Preston, IA

Project Location

Preston, IA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.