PPP Loan information for Schoelerman contracting

$41,400

Schoelerman contracting was initially approved for PPP Loan of amount $41,400, the current approved amount is $41,400. The loan was approved on 04/11/2020 by The Home State Bank reported 4 jobs and $41,400 was used to fund payroll.

Schoelerman contracting is Existing or more than 2 years old

SCHOELERMAN CONTRACTING

Date Approved

04/11/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SCHOELERMAN CONTRACTING

Borrower Address

1530 370th St

Borrower City

HARLAN

Borrower State

IA

Borrower Zip

51537

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41400.00

Current Approval Amount

41400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25122

Servicing Lender Name

Home State Bank

Servicing Lender Address

115 W State St

Servicing Lender City

JEFFERSON

Servicing Lender State

IA

Servicing Lender Zip

50129-1911

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HARLAN

Project County Name

SHELBY

Project State

IA

Project Zip

51537-0001

CD

IA-04

Jobs Reported

4

NAICS Code

112210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

41400.00

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

25122

Originating Lender

Home State Bank

Originating Lender City

JEFFERSON

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41749.35

Forgiveness Date

02/17/2021

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