PPP Loan information for Scherrer construction inc

$74,700

Scherrer construction inc was initially approved for PPP Loan of amount $74,700, the current approved amount is $74,700. The loan was approved on 04/09/2020 by The STAR Financial Bank reported 6 jobs and $74,700 was used to fund payroll.

Scherrer construction inc is Existing or more than 2 years old

PPP Loan Search / IN / MUNCIE / Scherrer construction inc

SCHERRER CONSTRUCTION INC

Date Approved

04/09/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SCHERRER CONSTRUCTION INC

Borrower Address

2501 W 26th St

Borrower City

MUNCIE

Borrower State

IN

Borrower Zip

47302-9100

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

74700.00

Current Approval Amount

74700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24398

Servicing Lender Name

STAR Financial Bank

Servicing Lender Address

127 W Berry St

Servicing Lender City

FORT WAYNE

Servicing Lender State

IN

Servicing Lender Zip

46802-2315

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MUNCIE

Project County Name

DELAWARE

Project State

IN

Project Zip

47302-9100

CD

IN-05

Jobs Reported

6

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3045.00

Payroll Proceed

0.00

Mortgage Interest Proceed

0.00

Rent Proceed

14400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

57255.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24398

Originating Lender

STAR Financial Bank

Originating Lender City

FORT WAYNE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

75213.69

Forgiveness Date

12/28/2020

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