Scherrman's Implement, INC
$527,000 PPP Loan in Dyersville, Iowa
Loan Details
- Loan Number
- 2733957102
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $527,000
- Current Approval
- $527,000
- Forgiveness Amount
- $531,084
- Forgiveness Date
- Jan 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Scherrman's Implement, INC
- Address
- 13951 Ia-136
- City
- Dyersville
- State
- Iowa
- ZIP Code
- 52040
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423820)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 34
- Estimated Revenue
- $10.4M
- Rural/Urban
- Urban
- Congressional District
- IA-02
Loan Use Breakdown
- Payroll
- $395,250
- Rent
- $32,938
- Utilities
- $32,938
- Mortgage Interest
- $32,938
- Debt Interest
- $32,938
Lender Information
- Servicing Lender
- Midwestone Bank
- Originating Lender
- Midwestone Bank
Other PPP Loans in Dyersville, IA
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|---|---|---|
| Dyersville Ready Mix Inc. | $3,353,500 |  Research |
| Joseph L Ertl, Inc. | $2,223,000 | Research |
| Joseph L. Ertl Inc. | $1,596,700 | Research |
| Three Rivers F S Company | $1,071,600 | Research |
| Big River United Energy, LLC | $793,100 | Research |
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