Date Approved
04/03/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
SCHERER EXCELLENCE LLC
Borrower Address
10601 UNIVERSITY AVE NE
Borrower City
BLAINE
Borrower State
MN
Borrower Zip
55434-8030
Loan Status Date
05/13/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
50100.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
328519
Servicing Lender Name
Falcon National Bank
Servicing Lender Address
183 Cedar Dr
Servicing Lender City
FOLEY
Servicing Lender State
Servicing Lender Zip
56329-4401
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ANOKA
Project State
Project Zip
CD
MN-06
Jobs Reported
11
NAICS Code
722513
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
50583.16
Forgiveness Date
04/01/2021