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Scott Mersch

Humboldt, IA 50548

The loans, in SBA’s record

$41,666
Approved
The amount of every loan as it now stands, added together.
2
Loans
1 first draw and 1 second draw.
$41,814
Forgiven
The forgiveness amounts SBA records, as of September 30, 2024. Forgiveness and the amount approved are on different bases and do not compare.

How this compares

Amount approved: $41,666
By the amount SBA approved, ranks 2,793,755th of 10,688,106 borrowers nationally, 26,969th of 153,690 in Iowa and 98th of 852 in the project’s county, Humboldt, IA. Larger than 72% of the 10,688,106 borrowers in SBA’s published loans, by amount approved. The project’s county is the one SBA printed on the borrower’s first loan, which need not be where the borrower is.

Each loan

4 more columns on a wider screen

Paycheck Protection Program loans to Scott Mersch, as SBA recorded them
Approved onAmountStatusForgiven
January 23, 2021$20,833Paid in Full$20,913
March 24, 2021$20,833Paid in Full$20,901

Forgiveness and the amount approved are on different bases and do not compare. “Operating in” is where SBA records the business as operating, which is not always the mailing address above. Browse every PPP loan by state and lender.

Sources

Data retrieved

Scott Mersch: $41.7 thousand in PPP loans (2021)