PPP Loan information for Schuerman inc

$34,800

Schuerman inc was initially approved for PPP Loan of amount $34,800, the current approved amount is $34,800. The loan was approved on 04/08/2020 by The Community State Bank reported 7 jobs and $34,800 was used to fund payroll.

Schuerman inc is Existing or more than 2 years old

PPP Loan Search / WI / ROCHESTER / Schuerman inc

SCHUERMAN INC

Date Approved

04/08/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

SCHUERMAN INC

Borrower Address

205 W. Main Street

Borrower City

ROCHESTER

Borrower State

WI

Borrower Zip

53167

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34800.00

Current Approval Amount

34800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76852

Servicing Lender Name

Community State Bank

Servicing Lender Address

1500 Main St

Servicing Lender City

UNION GROVE

Servicing Lender State

WI

Servicing Lender Zip

53182-1720

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

RACINE

Project State

WI

Project Zip

53167-0001

CD

WI-01

Jobs Reported

7

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5212.00

Payroll Proceed

24556.00

Mortgage Interest Proceed

671.00

Rent Proceed

2688.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

1673

Business Type

Corporation

Originating Lender Location Id

76852

Originating Lender

Community State Bank

Originating Lender City

UNION GROVE

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

35007.85

Forgiveness Date

11/23/2020

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