PPP Loan information for Schaer construction

$12,040

Schaer construction was initially approved for PPP Loan of amount $12,040, the current approved amount is $12,040. The loan was approved on 04/15/2020 by The Farmers & Merchants Bank & Trust reported 4 jobs and $12,040 was used to fund payroll.

Schaer construction is Existing or more than 2 years old

PPP Loan Search / IA / BURLINGTON / Schaer construction

SCHAER CONSTRUCTION

Date Approved

04/15/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

SCHAER CONSTRUCTION

Borrower Address

16748 DMC HIGHWAY 99

Borrower City

BURLINGTON

Borrower State

IA

Borrower Zip

52601-9172

Loan Status Date

04/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12040.46

Current Approval Amount

12040.46

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24636

Servicing Lender Name

Farmers & Merchants Bank & Trust

Servicing Lender Address

221 Jefferson St

Servicing Lender City

BURLINGTON

Servicing Lender State

IA

Servicing Lender Zip

52601-5213

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BURLINGTON

Project County Name

DES MOINES

Project State

IA

Project Zip

52601-9172

CD

IA-01

Jobs Reported

4

NAICS Code

236115

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

12040.46

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

24636

Originating Lender

Farmers & Merchants Bank & Trust

Originating Lender City

BURLINGTON

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

12112.03

Forgiveness Date

11/24/2020

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