PPP Loan information for Schermer construction inc.

$170,000

Schermer construction inc. was initially approved for PPP Loan of amount $170,000, the current approved amount is $170,000. The loan was approved on 04/07/2020 by The Timberland Bank reported 15 jobs and $170,000 was used to fund payroll.

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

SCHERMER CONSTRUCTION INC.

Date Approved

04/07/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

SCHERMER CONSTRUCTION INC.

Borrower Address

PO box 1783

Borrower City

ABERDEEN

Borrower State

WA

Borrower Zip

98520-0291

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

170000.00

Current Approval Amount

170000.00

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

N

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

98520-0291

CD

WA-06

Jobs Reported

15

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

170000.00

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

79380

Originating Lender

Timberland Bank

Originating Lender City

HOQUIAM

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

170926.85

Forgiveness Date

11/03/2020

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