PPP Loan information for Schuerch corporation

$300,870

Schuerch corporation was initially approved for PPP Loan of amount $300,870, the current approved amount is $300,870. The loan was approved on 05/04/2020 by The Middlesex Savings Bank reported 22 jobs and $300,870 was used to fund payroll.

Schuerch corporation is Existing or more than 2 years old

PPP Loan Search / MA / ABINGTON / Schuerch corporation

SCHUERCH CORPORATION

Date Approved

05/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SCHUERCH CORPORATION

Borrower Address

452 RANDOLPH ST

Borrower City

ABINGTON

Borrower State

MA

Borrower Zip

02351-1170

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

300870.00

Current Approval Amount

300870.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33108

Servicing Lender Name

Middlesex Savings Bank

Servicing Lender Address

6 Main St

Servicing Lender City

NATICK

Servicing Lender State

MA

Servicing Lender Zip

01760-4506

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ABINGTON

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02351-1170

CD

MA-08

Jobs Reported

22

NAICS Code

339112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1870.00

Payroll Proceed

230000.00

Mortgage Interest Proceed

69000.00

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

33108

Originating Lender

Middlesex Savings Bank

Originating Lender City

NATICK

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

304463.73

Forgiveness Date

07/19/2021

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