PPP Loan information for Scherrin, inc.

$116,700

Scherrin, inc. was initially approved for PPP Loan of amount $116,700, the current approved amount is $116,700. The loan was approved on 04/04/2020 by The Central Bank reported 11 jobs and $116,700 was used to fund payroll.

Scherrin, inc. is Existing or more than 2 years old

SCHERRIN, INC.

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SCHERRIN, INC.

Borrower Address

1500 S 2nd St

Borrower City

CHEROKEE

Borrower State

IA

Borrower Zip

51012-7225

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

116700.00

Current Approval Amount

116700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25506

Servicing Lender Name

Central Bank

Servicing Lender Address

600 Lake Ave

Servicing Lender City

STORM LAKE

Servicing Lender State

IA

Servicing Lender Zip

50588-1852

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHEROKEE

Project County Name

CHEROKEE

Project State

IA

Project Zip

51012-7225

CD

IA-04

Jobs Reported

11

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11670.00

Payroll Proceed

93360.00

Mortgage Interest Proceed

0.00

Rent Proceed

11670.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25506

Originating Lender

Central Bank

Originating Lender City

STORM LAKE

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

117701.68

Forgiveness Date

02/17/2021

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