PPP Loan information for Schearers sales & service, inc.

$110,000

Schearers sales & service, inc. was initially approved for PPP Loan of amount $110,000, the current approved amount is $110,000. The loan was approved on 04/08/2020 by The Fulton Bank, National Association reported 9 jobs and $110,000 was used to fund payroll.

Schearers sales & service, inc. is Existing or more than 2 years old

PPP Loan Search / PA / ALLENTOWN / Schearers sales & service, inc.

SCHEARERS SALES & SERVICE, INC.

Date Approved

04/08/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

SCHEARERS SALES & SERVICE, INC.

Borrower Address

5530 Crackersport Road

Borrower City

ALLENTOWN

Borrower State

PA

Borrower Zip

18104-9256

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

110000.00

Current Approval Amount

110000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALLENTOWN

Project County Name

LEHIGH

Project State

PA

Project Zip

18104-9256

CD

PA-07

Jobs Reported

9

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

88838.00

Mortgage Interest Proceed

0.00

Rent Proceed

21162.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

110776.11

Forgiveness Date

12/31/2020

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