PPP Loan information for Schoelerman contracting llc

$50,422

Schoelerman contracting llc was initially approved for PPP Loan of amount $50,422, the current approved amount is $50,422. The loan was approved on 03/24/2021 by The Home State Bank reported 4 jobs and $50,422 was used to fund payroll.

Schoelerman contracting llc is Existing or more than 2 years old

PPP Loan Search / IA / Royal / Schoelerman contracting llc

SCHOELERMAN CONTRACTING LLC

Date Approved

03/24/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

SCHOELERMAN CONTRACTING LLC

Borrower Address

1530 370th St

Borrower City

Royal

Borrower State

IA

Borrower Zip

51357-7532

Loan Status Date

12/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50422.00

Current Approval Amount

50422.00

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

Royal

Project County Name

CLAY

Project State

IA

Project Zip

51357-7532

CD

IA-04

Jobs Reported

4

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

50420.00

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

50750.78

Forgiveness Date

11/19/2021

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