PPP Loan information for Schuerch corporation

$300,895

Schuerch corporation was initially approved for PPP Loan of amount $300,895, the current approved amount is $300,895. The loan was approved on 02/17/2021 by The Middlesex Savings Bank reported 23 jobs and $300,895 was used to fund payroll.

Schuerch corporation is Existing or more than 2 years old

SCHUERCH CORPORATION

Date Approved

02/17/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

SCHUERCH CORPORATION

Borrower Address

452 Randolph St

Borrower City

Abington

Borrower State

MA

Borrower Zip

02351-1170

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

300895.00

Current Approval Amount

300895.00

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

23

NAICS Code

339112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

300893.00

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

33108

Originating Lender

Middlesex Savings Bank

Originating Lender City

NATICK

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

304589.32

Forgiveness Date

05/12/2022

;