Scheurer Healthcare Network

$5,467,972 PPP Loan in Pigeon, Michigan

Loan Details

Loan Number
9225207008
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$5,467,972
Current Approval
$5,467,972
Forgiveness Amount
$5,541,378
Forgiveness Date
Aug 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Scheurer Healthcare Network
Address
170 N Caseville Rd
City
Pigeon
ZIP Code
48755-9704
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (622110)
Business Age
Existing or more than 2 years old
Jobs Reported
442
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
MI-09

Loan Use Breakdown

Payroll
$4,455,272
Rent
$40,000
Utilities
$131,000
Health Care
$820,200
Debt Interest
$21,500

Lender Information

Servicing Lender
Thumb Bank & Trust
Originating Lender
Thumb Bank & Trust

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