PPP Loan information for Sherr development corporation

$116,800

Sherr development corporation was initially approved for PPP Loan of amount $116,800, the current approved amount is $116,800. The loan was approved on 04/09/2020 by The The Huntington National Bank reported 6 jobs and $116,800 was used to fund payroll.

Sherr development corporation is Existing or more than 2 years old

SHERR DEVELOPMENT CORPORATION

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SHERR DEVELOPMENT CORPORATION

Borrower Address

31300 Orchard Lake Road Suite 200

Borrower City

FARMINGTON

Borrower State

MI

Borrower Zip

48334-1319

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

116800.00

Current Approval Amount

116800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARMINGTON

Project County Name

OAKLAND

Project State

MI

Project Zip

48334-1319

CD

MI-11

Jobs Reported

6

NAICS Code

531210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

116800.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

117875.20

Forgiveness Date

03/30/2021

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