PPP Loan information for M. scher & son inc.

$191,625

M. scher & son inc. was initially approved for PPP Loan of amount $191,625, the current approved amount is $191,625. The loan was approved on 01/29/2021 by The Pioneer Bank reported 14 jobs and $191,625 was used to fund payroll.

M. scher & son inc. is Existing or more than 2 years old

PPP Loan Search / NY / Albany / M. scher & son inc.

M. SCHER & SON INC.

Date Approved

01/29/2021

SBA Office Code

0248

Processing Method

PPS

Borrower Name

M. SCHER & SON INC.

Borrower Address

1 Prospect Ave

Borrower City

Albany

Borrower State

NY

Borrower Zip

12206-2239

Loan Status Date

01/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

191625.00

Current Approval Amount

191625.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50271

Servicing Lender Name

Pioneer Bank

Servicing Lender Address

652 Albany Shaker Rd

Servicing Lender City

ALBANY

Servicing Lender State

NY

Servicing Lender Zip

12211

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Albany

Project County Name

ALBANY

Project State

NY

Project Zip

12206-2239

CD

NY-20

Jobs Reported

14

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

191623.00

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

Corporation

Originating Lender Location Id

50271

Originating Lender

Pioneer Bank

Originating Lender City

ALBANY

Originating Lender State

NY

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

193247.25

Forgiveness Date

12/09/2021

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