PPP Loan information for Scherr furniture rentals inc

$185,000

Scherr furniture rentals inc was initially approved for PPP Loan of amount $185,000, the current approved amount is $185,000. The loan was approved on 01/22/2021 by The Fulton Bank, National Association reported 22 jobs and $185,000 was used to fund payroll.

Scherr furniture rentals inc is Existing or more than 2 years old

PPP Loan Search / MD / Rockville / Scherr furniture rentals inc

SCHERR FURNITURE RENTALS INC

Date Approved

01/22/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

SCHERR FURNITURE RENTALS INC

Borrower Address

11910 Parklawn Dr Ste A

Borrower City

Rockville

Borrower State

MD

Borrower Zip

20852-2625

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

185000.00

Current Approval Amount

185000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rockville

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20852-2625

CD

MD-08

Jobs Reported

22

NAICS Code

454390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

184999.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

185914.72

Forgiveness Date

07/21/2021

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