PPP Loan information for Schelling construction inc

$206,809

Schelling construction inc was initially approved for PPP Loan of amount $206,809, the current approved amount is $206,809. The loan was approved on 02/05/2021 by The American State Bank reported 20 jobs and $206,809 was used to fund payroll.

Schelling construction inc is Existing or more than 2 years old

SCHELLING CONSTRUCTION INC

Date Approved

02/05/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

SCHELLING CONSTRUCTION INC

Borrower Address

44 14th St NW

Borrower City

Sioux Center

Borrower State

IA

Borrower Zip

51250-2140

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

206809.17

Current Approval Amount

206809.17

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25469

Servicing Lender Name

American State Bank

Servicing Lender Address

525 N Main Ave

Servicing Lender City

SIOUX CENTER

Servicing Lender State

IA

Servicing Lender Zip

51250-1823

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sioux Center

Project County Name

SIOUX

Project State

IA

Project Zip

51250-2140

CD

IA-04

Jobs Reported

20

NAICS Code

236115

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

206807.17

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

Subchapter S Corporation

Originating Lender Location Id

25469

Originating Lender

American State Bank

Originating Lender City

SIOUX CENTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

208554.30

Forgiveness Date

12/23/2021

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