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Scharnweber Water Conditioning, Inc.

$309,860 PPP Loan in Toledo, Iowa

Loan Details

Loan Number
1913437102
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$309,860
Current Approval
$309,860
Forgiveness Amount
$311,935
Forgiveness Date
Dec 15, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Scharnweber Water Conditioning, Inc.
Address
701 S County Rd
City
Toledo
State
Iowa
ZIP Code
52342
Business Type
Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
$6.0M
Rural/Urban
Rural
Congressional District
IA-02

Loan Use Breakdown

Payroll
$232,395
Rent
$72,465
Utilities
$5,000

Lender Information

Servicing Lender
The State Bank of Toledo
Originating Lender
The State Bank of Toledo

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