PPP Loan information for Schermerhorn electric and construction, inc.

$69,400

Schermerhorn electric and construction, inc. was initially approved for PPP Loan of amount $69,400, the current approved amount is $69,400. The loan was approved on 04/10/2020 by The Village Bank reported 9 jobs and $69,400 was used to fund payroll.

Schermerhorn electric and construction, inc. is Existing or more than 2 years old

PPP Loan Search / VA / MECHANICSVILLE / Schermerhorn electric and construction, inc.

SCHERMERHORN ELECTRIC AND CONSTRUCTION, INC.

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SCHERMERHORN ELECTRIC AND CONSTRUCTION, INC.

Borrower Address

8341 Drakes Landing Ct.

Borrower City

MECHANICSVILLE

Borrower State

VA

Borrower Zip

23111-6004

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

69400.00

Current Approval Amount

69400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124183

Servicing Lender Name

Village Bank

Servicing Lender Address

13319 Midlothian Tpke

Servicing Lender City

MIDLOTHIAN

Servicing Lender State

VA

Servicing Lender Zip

23113-4271

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MECHANICSVILLE

Project County Name

HANOVER

Project State

VA

Project Zip

23111-6004

CD

VA-01

Jobs Reported

9

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

69400.00

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

Subchapter S Corporation

Originating Lender Location Id

124183

Originating Lender

Village Bank

Originating Lender City

MIDLOTHIAN

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

69793.27

Forgiveness Date

11/12/2020

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