PPP Loan information for Schoon construction and excavation, llc

$119,432

Schoon construction and excavation, llc was initially approved for PPP Loan of amount $119,432, the current approved amount is $119,432. The loan was approved on 04/05/2020 by The Cherokee State Bank reported 13 jobs and $119,432 was used to fund payroll.

Schoon construction and excavation, llc is Existing or more than 2 years old

SCHOON CONSTRUCTION AND EXCAVATION, LLC

Date Approved

04/05/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SCHOON CONSTRUCTION AND EXCAVATION, LLC

Borrower Address

5047 Highway 3

Borrower City

CHEROKEE

Borrower State

IA

Borrower Zip

51012-7229

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

119432.00

Current Approval Amount

119432.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24759

Servicing Lender Name

Cherokee State Bank

Servicing Lender Address

212 W Willow St

Servicing Lender City

CHEROKEE

Servicing Lender State

IA

Servicing Lender Zip

51012-1857

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHEROKEE

Project County Name

CHEROKEE

Project State

IA

Project Zip

51012-7229

CD

IA-04

Jobs Reported

13

NAICS Code

238910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

119432.00

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

Subchapter S Corporation

Originating Lender Location Id

24759

Originating Lender

Cherokee State Bank

Originating Lender City

CHEROKEE

Originating Lender State

IA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

120348.19

Forgiveness Date

01/20/2021

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