SCHERER, INC.

Summary of PPP (Paycheck Protection Program) Loan approved to SCHERER, INC. by First Dakota National Bank. The loan was approved on 4/03/2020 in the range of $350,000-1 million.

Business Information

Name:

SCHERER, INC.

46994 MINDY ST
TEA, SD 57064
Business type: Subchapter S Corporation
Fabricated Metal Product Manufacturing
→ Machine Shops
Non-profit: No
Loan amount: $350,000-1 million
(50 Jobs retained)
Date approved: April 03, 2020
Lender First Dakota National Bank

Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.