PPP Loan information for Scherdel sales & technology, inc

$1,724,100

Scherdel sales & technology, inc was initially approved for PPP Loan of amount $1,724,100, the current approved amount is $1,724,100. The loan was approved on 04/28/2020 by The Fifth Third Bank reported 153 jobs and $1,724,100 was used to fund payroll.

Scherdel sales & technology, inc is Existing or more than 2 years old

SCHERDEL SALES & TECHNOLOGY, INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SCHERDEL SALES & TECHNOLOGY, INC

Borrower Address

3440 E LAKETON AVE

Borrower City

MUSKEGON

Borrower State

MI

Borrower Zip

49442-6438

Loan Status Date

03/05/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1724100.00

Current Approval Amount

1724100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MUSKEGON

Project County Name

MUSKEGON

Project State

MI

Project Zip

49442-6438

CD

MI-02

Jobs Reported

153

NAICS Code

332613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1724100.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1739569.01

Forgiveness Date

03/25/2021

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