PPP Loan Map

PPP borrower record

SCHERER, INC. PPP loan record

Public SBA PPP loan record for SCHERER, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

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$825,400
Approved amount
$829,923
Forgiven amount
2020-04-03
Date approved

Borrower and loan details

Borrower
SCHERER, INC.
Loan number
4541637007
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Tea
Borrower state
South Dakota
Borrower ZIP
57064
Jobs reported
65
Loan status
Paid in Full
Forgiveness date
2020-11-03
Servicing lender
First Dakota National Bank
Originating lender
First Dakota National Bank

Reported use of proceeds

Payroll
$619,050
Rent
$103,175
Utilities
$103,175
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

PPP loans in South DakotaPPP loans in ZIP 57064

Related directories

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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.