Date Approved
01/25/2021
SBA Office Code
1013
Processing Method
PPS
Borrower Name
SCHERMER CONSTRUCTION INC.
Borrower Address
299 US HIGHWAY 101
Borrower City
ABERDEEN
Borrower State
WA
Borrower Zip
98520
Loan Status Date
09/30/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
332322.50
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
79380
Servicing Lender Name
Timberland Bank
Servicing Lender Address
624 Simpson Ave
Servicing Lender City
HOQUIAM
Servicing Lender State
Servicing Lender Zip
98550-3623
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
GRAYS HARBOR
Project State
Project Zip
CD
WA-06
Jobs Reported
17
NAICS Code
113310
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
332317.50
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
334434.80
Forgiveness Date
09/22/2021