ALLEN SCHEMMEL (TN) - 2020 PPP Loan Borrower Profile (# 8531837808)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALLEN SCHEMMEL. 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 Tennessee.

Loan Detail

Loan Number

8531837808

SBA Office Code

0474

Processing Method

PPP

Curent Loan Amount

$20,833

Date Loan was Approved

Jun 5, 2020

Amount Forgiven

$20,982.54

Date Loan was Forgiven

Mar 1, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

20,833

Lender

Regions Bank

Business Detail

Business Type

Independent Contractors

NAICS

541810

Borrower Location

HENDERSONVILLE, TN

Project Location

HENDERSONVILLE, TN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.