Date Approved
04/04/2020
SBA Office Code
0761
Processing Method
PPP
Borrower Name
SCHARNBERG HOLDING COMPANY
Borrower Address
4020 Gannett Ave
Borrower City
DES MOINES
Borrower State
IA
Borrower Zip
50321-2951
Loan Status Date
07/20/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
2719600.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
25506
Servicing Lender Name
Central Bank
Servicing Lender Address
600 Lake Ave
Servicing Lender City
STORM LAKE
Servicing Lender State
Servicing Lender Zip
50588-1852
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
POLK
Project State
Project Zip
CD
IA-03
Jobs Reported
250
NAICS Code
339112
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
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
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
2751328.67
Forgiveness Date
06/09/2021