Date Approved
05/27/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
SCHARER FARMS LLC
Borrower Address
5668 Bailey Highway
Borrower City
Adrian
Borrower State
MI
Borrower Zip
49221-8637
Loan Status Date
11/17/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
27210.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
57800
Servicing Lender Name
The Metamora State Bank
Servicing Lender Address
120 E Main St
Servicing Lender City
METAMORA
Servicing Lender State
OH
Servicing Lender Zip
43540-8702
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LENAWEE
Project State
Project Zip
CD
MI-05
Jobs Reported
2
NAICS Code
111199
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1500.00
Payroll Proceed
20407.00
Mortgage Interest Proceed
5303.00
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
27309.89
Forgiveness Date
10/09/2020