PPP Loan information for Schermer construction inc.

$332,323

Schermer construction inc. was initially approved for PPP Loan of amount $332,323, the current approved amount is $332,323. The loan was approved on 01/25/2021 by The Timberland Bank reported 17 jobs and $332,323 was used to fund payroll.

Schermer construction inc. is Existing or more than 2 years old

SCHERMER CONSTRUCTION INC.

Date Approved

01/25/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

SCHERMER CONSTRUCTION INC.

Borrower Address

299 US HIGHWAY 101

Borrower City

ABERDEEN

Borrower State

WA

Borrower Zip

98520

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

332322.50

Current Approval Amount

332322.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79380

Servicing Lender Name

Timberland Bank

Servicing Lender Address

624 Simpson Ave

Servicing Lender City

HOQUIAM

Servicing Lender State

WA

Servicing Lender Zip

98550-3623

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ABERDEEN

Project County Name

GRAYS HARBOR

Project State

WA

Project Zip

98520

CD

WA-06

Jobs Reported

17

NAICS Code

113310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

332317.50

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

Corporation

Originating Lender Location Id

79380

Originating Lender

Timberland Bank

Originating Lender City

HOQUIAM

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

334434.80

Forgiveness Date

09/22/2021

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