PPP Loan information for J p scherrman, inc.

$147,700

J p scherrman, inc. was initially approved for PPP Loan of amount $147,700, the current approved amount is $147,700. The loan was approved on 04/09/2020 by The MidWestOne Bank reported 10 jobs and $147,700 was used to fund payroll.

J p scherrman, inc. is Existing or more than 2 years old

PPP Loan Search / IA / FARLEY / J p scherrman, inc.

J P SCHERRMAN, INC.

Date Approved

04/09/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

J P SCHERRMAN, INC.

Borrower Address

1345 1st Avenue NW

Borrower City

FARLEY

Borrower State

IA

Borrower Zip

52046-9435

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

147700.00

Current Approval Amount

147700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARLEY

Project County Name

DUBUQUE

Project State

IA

Project Zip

52046-9435

CD

IA-02

Jobs Reported

10

NAICS Code

423820

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9231.25

Payroll Proceed

110775.00

Mortgage Interest Proceed

9231.25

Rent Proceed

9231.25

Refinance EIDL Proceed

9231.25

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

149230.34

Forgiveness Date

04/26/2021

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