PPP Loan information for Robert scherer

$20,833

Robert scherer was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 05/07/2021 by The The Farmers and Merchants Bank reported 1 jobs and $20,833 was used to fund payroll.

Robert scherer is Existing or more than 2 years old

PPP Loan Search / IN / Fowler / Robert scherer

ROBERT SCHERER

Date Approved

05/07/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

ROBERT SCHERER

Borrower Address

7245 W 300 S

Borrower City

Fowler

Borrower State

IN

Borrower Zip

47944-8356

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.00

Current Approval Amount

20833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22963

Servicing Lender Name

The Farmers and Merchants Bank

Servicing Lender Address

302 S Old US Hwy 41

Servicing Lender City

BOSWELL

Servicing Lender State

IN

Servicing Lender Zip

47921-8511

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fowler

Project County Name

BENTON

Project State

IN

Project Zip

47944-8356

CD

IN-04

Jobs Reported

1

NAICS Code

111191

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20830.00

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

Sole Proprietorship

Originating Lender Location Id

22963

Originating Lender

The Farmers and Merchants Bank

Originating Lender City

BOSWELL

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20955.71

Forgiveness Date

12/16/2021

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