PPP Loan information for The dearing compressor and pump company

$2,000,000

The dearing compressor and pump company was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/23/2021 by The First National Bank of Pennsylvania reported 199 jobs and $2,000,000 was used to fund payroll.

The dearing compressor and pump company is Existing or more than 2 years old

THE DEARING COMPRESSOR AND PUMP COMPANY

Date Approved

01/23/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

THE DEARING COMPRESSOR AND PUMP COMPANY

Borrower Address

3974 Simon Rd

Borrower City

Youngstown

Borrower State

OH

Borrower Zip

44512-1318

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Youngstown

Project County Name

MAHONING

Project State

OH

Project Zip

44512-1318

CD

OH-06

Jobs Reported

199

NAICS Code

333912

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

Corporation

Originating Lender Location Id

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2011444.44

Forgiveness Date

08/26/2021

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