PPP Loan information for Scherrer construction co, inc

$2,050,100

Scherrer construction co, inc was initially approved for PPP Loan of amount $2,050,100, the current approved amount is $2,050,100. The loan was approved on 04/05/2020 by The Town Bank, National Association reported 99 jobs and $2,050,100 was used to fund payroll.

Scherrer construction co, inc is Existing or more than 2 years old

PPP Loan Search / WI / BURLINGTON / Scherrer construction co, inc

SCHERRER CONSTRUCTION CO, INC

Date Approved

04/05/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

SCHERRER CONSTRUCTION CO, INC

Borrower Address

601 Blackhawk Dr

Borrower City

BURLINGTON

Borrower State

WI

Borrower Zip

53105-8903

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2050100.00

Current Approval Amount

2050100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122838

Servicing Lender Name

Town Bank, National Association

Servicing Lender Address

850 W North Shore Dr

Servicing Lender City

HARTLAND

Servicing Lender State

WI

Servicing Lender Zip

53029-8355

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

RACINE

Project State

WI

Project Zip

53105-8903

CD

WI-01

Jobs Reported

99

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1537600.00

Mortgage Interest Proceed

0.00

Rent Proceed

512500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

122838

Originating Lender

Town Bank, National Association

Originating Lender City

HARTLAND

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2073960.89

Forgiveness Date

06/09/2021

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