PPP Loan information for Sherco construction, inc.

$141,000

Sherco construction, inc. was initially approved for PPP Loan of amount $141,000, the current approved amount is $141,000. The loan was approved on 04/10/2020 by The Premier Bank reported 10 jobs and $141,000 was used to fund payroll.

Sherco construction, inc. is Existing or more than 2 years old

PPP Loan Search / MN / FOREST LAKE / Sherco construction, inc.

SHERCO CONSTRUCTION, INC.

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SHERCO CONSTRUCTION, INC.

Borrower Address

79 North LAKE ST

Borrower City

FOREST LAKE

Borrower State

MN

Borrower Zip

55025-2502

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

141000.00

Current Approval Amount

141000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38359

Servicing Lender Name

Premier Bank

Servicing Lender Address

2866 White Bear Ave

Servicing Lender City

MAPLEWOOD

Servicing Lender State

MN

Servicing Lender Zip

55109-1301

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FOREST LAKE

Project County Name

WASHINGTON

Project State

MN

Project Zip

55025-2502

CD

MN-08

Jobs Reported

10

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14000.00

Payroll Proceed

106000.00

Mortgage Interest Proceed

21000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38359

Originating Lender

Premier Bank

Originating Lender City

MAPLEWOOD

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

142022.25

Forgiveness Date

01/07/2021

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