# PPP loan: SCHMID CONSTRUCTION INC
> **$1.29M** approved 04/14/2020 · Paid in Full · Loan `7171277110`
## Borrower
- **Name:** SCHMID CONSTRUCTION INC
- **Address:** 1655 E HWY 50 STE 300, CLERMONT, FL, 34711-5056
- **NAICS:** 236210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.29M
- **Initial approval:** $1.29M
- **Forgiven:** $1.30M (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.29M
- **Jobs reported:** 81
## Lender
- **Originating:** Mainstreet Community Bank of Florida
- **Servicing:** Mainstreet Community Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*