PPP Loan information for Scher s inc

$17,942

Scher s inc was initially approved for PPP Loan of amount $17,942, the current approved amount is $17,942. The loan was approved on 03/04/2021 by The PNC Bank, National Association reported 5 jobs and $17,942 was used to fund payroll.

Scher s inc is Existing or more than 2 years old

SCHER S INC

Date Approved

03/04/2021

SBA Office Code

0373

Processing Method

PPP

Borrower Name

SCHER S INC

Borrower Address

140 Market St # ST8 140 Market St8

Borrower City

Pocomoke City

Borrower State

MD

Borrower Zip

21851-1051

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

17942.00

Current Approval Amount

17942.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Pocomoke City

Project County Name

WORCESTER

Project State

MD

Project Zip

21851-1051

CD

MD-01

Jobs Reported

5

NAICS Code

448120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

17938.00

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

Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

18043.17

Forgiveness Date

09/27/2021

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