PPP Loan information for Schuerman construction inc.

$28,805

Schuerman construction inc. was initially approved for PPP Loan of amount $28,805, the current approved amount is $28,805. The loan was approved on 01/29/2021 by The Cedar Rapids Bank and Trust Company reported 3 jobs and $28,805 was used to fund payroll.

Schuerman construction inc. is Existing or more than 2 years old

PPP Loan Search / IA / Cedar Falls / Schuerman construction inc.

SCHUERMAN CONSTRUCTION INC.

Date Approved

01/29/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

SCHUERMAN CONSTRUCTION INC.

Borrower Address

6612 Chancellor Dr Ste 100

Borrower City

Cedar Falls

Borrower State

IA

Borrower Zip

50613-6974

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

28805.00

Current Approval Amount

28805.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

238179

Servicing Lender Name

Cedar Rapids Bank and Trust Company

Servicing Lender Address

500 1st Ave NE

Servicing Lender City

Cedar Rapids

Servicing Lender State

IA

Servicing Lender Zip

52401

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cedar Falls

Project County Name

BLACK HAWK

Project State

IA

Project Zip

50613-6974

CD

IA-02

Jobs Reported

3

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

28803.00

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

238179

Originating Lender

Cedar Rapids Bank and Trust Company

Originating Lender City

Cedar Rapids

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

28945.82

Forgiveness Date

08/04/2021

;