PPP Loan information for Michael j schares

$11,000

Michael j schares was initially approved for PPP Loan of amount $11,000, the current approved amount is $11,000. The loan was approved on 04/27/2020 by The Farmers State Bank reported 1 jobs and $11,000 was used to fund payroll.

Michael j schares is Existing or more than 2 years old

MICHAEL J SCHARES

Date Approved

04/27/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MICHAEL J SCHARES

Borrower Address

1199 220TH ST

Borrower City

JESUP

Borrower State

IA

Borrower Zip

50648-9425

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

11000.00

Current Approval Amount

11000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25124

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

131 Tower Park Dr, Ste 100

Servicing Lender City

WATERLOO

Servicing Lender State

IA

Servicing Lender Zip

50701-9374

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JESUP

Project County Name

BUCHANAN

Project State

IA

Project Zip

50648-9425

CD

IA-02

Jobs Reported

1

NAICS Code

111191

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

11000.00

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

Self-Employed Individuals

Originating Lender Location Id

25124

Originating Lender

Farmers State Bank

Originating Lender City

WATERLOO

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

10060.28

Forgiveness Date

12/09/2020

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