PPP Loan information for Derek scherzer

$20,833

Derek scherzer was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 04/23/2021 by The German American Bank reported 1 jobs and $20,833 was used to fund payroll.

Derek scherzer is Existing or more than 2 years old

DEREK SCHERZER

Date Approved

04/23/2021

SBA Office Code

0562

Processing Method

PPP

Borrower Name

DEREK SCHERZER

Borrower Address

13922 N State Road 245

Borrower City

Lamar

Borrower State

IN

Borrower Zip

47550-7313

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.32

Current Approval Amount

20833.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lamar

Project County Name

SPENCER

Project State

IN

Project Zip

47550-7313

CD

IN-08

Jobs Reported

1

NAICS Code

112111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20829.32

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

Sole Proprietorship

Originating Lender Location Id

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20881.27

Forgiveness Date

07/20/2021

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