PPP borrower record
SCHERRMAN'S IMPLEMENT, INC PPP loan record
Public SBA PPP loan record for SCHERRMAN'S IMPLEMENT, INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$527,000
Approved amount
$531,084
Forgiven amount
2020-04-11
Date approved
Borrower and loan details
Borrower
SCHERRMAN'S IMPLEMENT, INC
Loan number
2733957102
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Dyersville
Borrower state
Iowa
Borrower ZIP
52040
Jobs reported
34
Loan status
Paid in Full
Forgiveness date
2021-01-20
Servicing lender
MidWestOne Bank
Originating lender
MidWestOne Bank
Reported use of proceeds
Payroll
$395,250
Rent
$32,938
Utilities
$32,938
Mortgage interest
$32,938
Health care
N/A
Debt interest
$32,938
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.