PPP Loan information for Schrock construction

$20,043

Schrock construction was initially approved for PPP Loan of amount $20,043, the current approved amount is $20,043. The loan was approved on 02/06/2021 by The Farmers & Merchants Savings Bank reported 3 jobs and $20,043 was used to fund payroll.

Schrock construction is Existing or more than 2 years old

PPP Loan Search / IA / Wellman / Schrock construction

SCHROCK CONSTRUCTION

Date Approved

02/06/2021

SBA Office Code

0736

Processing Method

PPP

Borrower Name

SCHROCK CONSTRUCTION

Borrower Address

5434 Johnson Iowa Rd SW

Borrower City

Wellman

Borrower State

IA

Borrower Zip

52356-9525

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20043.00

Current Approval Amount

20043.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wellman

Project County Name

JOHNSON

Project State

IA

Project Zip

52356-9525

CD

IA-01

Jobs Reported

3

NAICS Code

238350

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

20041.00

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

Subchapter S Corporation

Originating Lender Location Id

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20156.58

Forgiveness Date

09/07/2021

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