PPP Loan information for Scharnberg holding company

$2,719,600

Scharnberg holding company was initially approved for PPP Loan of amount $2,719,600, the current approved amount is $2,719,600. The loan was approved on 04/04/2020 by The Central Bank reported 250 jobs and $2,719,600 was used to fund payroll.

Scharnberg holding company is Existing or more than 2 years old

SCHARNBERG HOLDING COMPANY

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

2719600.00

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

IA

Servicing Lender Zip

50588-1852

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DES MOINES

Project County Name

POLK

Project State

IA

Project Zip

50321-2951

CD

IA-03

Jobs Reported

250

NAICS Code

339112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2719600.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

25506

Originating Lender

Central Bank

Originating Lender City

STORM LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2751328.67

Forgiveness Date

06/09/2021

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