PPP Loan information for Scherzer builders, inc

$46,800

Scherzer builders, inc was initially approved for PPP Loan of amount $46,800, the current approved amount is $46,800. The loan was approved on 04/05/2020 by The Isabella Bank reported 6 jobs and $46,800 was used to fund payroll.

Scherzer builders, inc is Existing or more than 2 years old

PPP Loan Search / MI / FREELAND / Scherzer builders, inc

SCHERZER BUILDERS, INC

Date Approved

04/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SCHERZER BUILDERS, INC

Borrower Address

7927 GLEANER RD

Borrower City

FREELAND

Borrower State

MI

Borrower Zip

48623-9299

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

46800.00

Current Approval Amount

46800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36147

Servicing Lender Name

Isabella Bank

Servicing Lender Address

139 E Broadway

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

MI

Servicing Lender Zip

48858-2312

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FREELAND

Project County Name

SAGINAW

Project State

MI

Project Zip

48623-9299

CD

MI-08

Jobs Reported

6

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1200.00

Payroll Proceed

34700.00

Mortgage Interest Proceed

2600.00

Rent Proceed

2600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3000.00

Debt Interest Proceed

2700

Business Type

Corporation

Originating Lender Location Id

36147

Originating Lender

Isabella Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

47167.99

Forgiveness Date

01/25/2021

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