PPP Loan information for Sherry companies, inc

$54,200

Sherry companies, inc was initially approved for PPP Loan of amount $54,200, the current approved amount is $54,200. The loan was approved on 04/15/2020 by The MidWestOne Bank reported 37 jobs and $54,200 was used to fund payroll.

Sherry companies, inc is Existing or more than 2 years old

SHERRY COMPANIES, INC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SHERRY COMPANIES, INC

Borrower Address

222 Concord Exchange North #4

Borrower City

SOUTH SAINT PAUL

Borrower State

MN

Borrower Zip

55075

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54200.00

Current Approval Amount

54200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SOUTH SAINT PAUL

Project County Name

DAKOTA

Project State

MN

Project Zip

55075-0001

CD

MN-02

Jobs Reported

37

NAICS Code

812990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3387.50

Payroll Proceed

40650.00

Mortgage Interest Proceed

3387.50

Rent Proceed

3387.50

Refinance EIDL Proceed

0.00

Health Care Proceed

3387.50

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

51623.07

Forgiveness Date

02/10/2021

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