PPP Loan information for Scheuermann excavating, inc.

$832,200

Scheuermann excavating, inc. was initially approved for PPP Loan of amount $832,200, the current approved amount is $832,200. The loan was approved on 04/06/2020 by The American Bank reported 50 jobs and $832,200 was used to fund payroll.

Scheuermann excavating, inc. is Existing or more than 2 years old

PPP Loan Search / PA / WHITEHALL / Scheuermann excavating, inc.

SCHEUERMANN EXCAVATING, INC.

Date Approved

04/06/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

SCHEUERMANN EXCAVATING, INC.

Borrower Address

5285 W. COPLAY ROAD

Borrower City

WHITEHALL

Borrower State

PA

Borrower Zip

18052-2211

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

832200.00

Current Approval Amount

832200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121552

Servicing Lender Name

American Bank

Servicing Lender Address

4029 W Tilghman St

Servicing Lender City

ALLENTOWN

Servicing Lender State

PA

Servicing Lender Zip

18104-4400

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WHITEHALL

Project County Name

LEHIGH

Project State

PA

Project Zip

18052-2211

CD

PA-07

Jobs Reported

50

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

832200.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

121552

Originating Lender

American Bank

Originating Lender City

ALLENTOWN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

842671.85

Forgiveness Date

07/15/2021

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