PPP Loan information for Scherer excellence llc

$50,100

Scherer excellence llc was initially approved for PPP Loan of amount $50,100, the current approved amount is $50,100. The loan was approved on 04/03/2020 by The Falcon National Bank reported 11 jobs and $50,100 was used to fund payroll.

Scherer excellence llc is Existing or more than 2 years old

SCHERER EXCELLENCE LLC

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

50100.00

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

MN

Servicing Lender Zip

56329-4401

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLAINE

Project County Name

ANOKA

Project State

MN

Project Zip

55434-8030

CD

MN-06

Jobs Reported

11

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50100.00

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

328519

Originating Lender

Falcon National Bank

Originating Lender City

FOLEY

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50583.16

Forgiveness Date

04/01/2021

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