PPP Loan information for Scherbarth inc

$170,513

Scherbarth inc was initially approved for PPP Loan of amount $170,513, the current approved amount is $170,513. The loan was approved on 03/30/2021 by The Heartland Bank reported 20 jobs and $170,513 was used to fund payroll.

Scherbarth inc is Existing or more than 2 years old

SCHERBARTH INC

Date Approved

03/30/2021

SBA Office Code

0766

Processing Method

PPP

Borrower Name

SCHERBARTH INC

Borrower Address

3036 Industrial Ave

Borrower City

Fairbury

Borrower State

NE

Borrower Zip

68352-1306

Loan Status Date

10/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

170512.50

Current Approval Amount

170512.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42196

Servicing Lender Name

Heartland Bank

Servicing Lender Address

896 'G' St

Servicing Lender City

GENEVA

Servicing Lender State

NE

Servicing Lender Zip

68361

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fairbury

Project County Name

JEFFERSON

Project State

NE

Project Zip

68352-1306

CD

NE-03

Jobs Reported

20

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

170510.50

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

Subchapter S Corporation

Originating Lender Location Id

42196

Originating Lender

Heartland Bank

Originating Lender City

GENEVA

Originating Lender State

NE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

171312.96

Forgiveness Date

09/22/2021

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