PPP Loan information for Scherr furniture rentals, inc.

$208,370

Scherr furniture rentals, inc. was initially approved for PPP Loan of amount $208,300, the current approved amount is $208,370. The loan was approved on 04/07/2020 by The Fulton Bank, National Association reported 21 jobs and $208,370 was used to fund payroll.

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

SCHERR FURNITURE RENTALS, INC.

Date Approved

04/07/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

SCHERR FURNITURE RENTALS, INC.

Borrower Address

11910 - A Parklawn Drive

Borrower City

ROCKVILLE

Borrower State

MD

Borrower Zip

20852

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

208300.00

Current Approval Amount

208370.00

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

20852-1000

CD

MD-08

Jobs Reported

21

NAICS Code

442110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

156277.50

Mortgage Interest Proceed

0.00

Rent Proceed

52092.50

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

209521.82

Forgiveness Date

11/03/2020

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