BRADLEY SCHERMER (IA) - 2020 PPP Loan Borrower Profile (# 2021307402)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BRADLEY SCHERMER. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Iowa.

Loan Detail

Loan Number

2021307402

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$2,888.12

Date Loan was Approved

May 5, 2020

Amount Forgiven

$2,903.79

Date Loan was Forgiven

Nov 27, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

2,888.12

Lender

Farmers Trust & Savings Bank

Business Detail

Business Type

Self-Employed Individuals

NAICS

112111

Borrower Location

LATIMER, IA

Project Location

LATIMER, IA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.