PPP Loan information for Michael r scher ii

$12,800

Michael r scher ii was initially approved for PPP Loan of amount $16,200, the current approved amount is $12,800. The loan was approved on 04/30/2020 by The Newtek Small Business Finance, Inc. reported 1 jobs and $12,800 was used to fund payroll.

Michael r scher ii is Existing or more than 2 years old

PPP Loan Search / TX / Round Rock / Michael r scher ii

MICHAEL R SCHER II

Date Approved

04/30/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

MICHAEL R SCHER II

Borrower Address

4021 Darryl St

Borrower City

Round Rock

Borrower State

TX

Borrower Zip

78681-2008

Loan Status Date

04/14/2022

Loan Status

Charged Off

Term

1

SBA Guaranty Percentage

100

Initial Approval Amount

16200.00

Current Approval Amount

12800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Round Rock

Project County Name

WILLIAMSON

Project State

TX

Project Zip

78681-2008

CD

TX-31

Jobs Reported

1

NAICS Code

541350

Race

Asian

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

12800.00

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

Sole Proprietorship

Originating Lender Location Id

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;