Date Approved
04/27/2020
SBA Office Code
0761
Processing Method
PPP
Borrower Name
MIKE SCHARN TRUCKING, LLC
Borrower Address
1844 Voss Ave
Borrower City
Sac City
Borrower State
IA
Borrower Zip
50583-7434
Loan Status Date
02/04/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
26800.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
25108
Servicing Lender Name
United Bank of Iowa
Servicing Lender Address
501 2nd St
Servicing Lender City
IDA GROVE
Servicing Lender State
Servicing Lender Zip
51445-1304
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
New Business or 2 years or less
Project City
Project County Name
SAC
Project State
Project Zip
CD
IA-04
Jobs Reported
3
NAICS Code
484220
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1000.00
Payroll Proceed
24500.00
Mortgage Interest Proceed
1300.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
26979.89
Forgiveness Date
01/07/2021