PPP Loan information for Scherer & company

$25,352

Scherer & company was initially approved for PPP Loan of amount $25,352, the current approved amount is $25,352. The loan was approved on 04/28/2020 by The Valley National Bank reported 2 jobs and $25,352 was used to fund payroll.

Scherer & company is Existing or more than 2 years old

PPP Loan Search / NJ / Morganville / Scherer & company

SCHERER & COMPANY

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SCHERER & COMPANY

Borrower Address

240 Tracy Drive

Borrower City

Morganville

Borrower State

NJ

Borrower Zip

07751

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25352.00

Current Approval Amount

25352.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Morganville

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07751-0001

CD

NJ-03

Jobs Reported

2

NAICS Code

541219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

25352.00

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

Partnership

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

25614.67

Forgiveness Date

05/17/2021

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