PPP Loan information for Schearer's sales & service inc

$131,055

Schearer's sales & service inc was initially approved for PPP Loan of amount $131,055, the current approved amount is $131,055. The loan was approved on 01/22/2021 by The Fulton Bank, National Association reported 9 jobs and $131,055 was used to fund payroll.

Schearer's sales & service inc is Existing or more than 2 years old

PPP Loan Search / PA / Allentown / Schearer's sales & service inc

SCHEARER'S SALES & SERVICE INC

Date Approved

01/22/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

SCHEARER'S SALES & SERVICE INC

Borrower Address

5530 Crackersport Rd

Borrower City

Allentown

Borrower State

PA

Borrower Zip

18104-9256

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

131055.00

Current Approval Amount

131055.00

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

485999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

131052.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

132078.31

Forgiveness Date

11/05/2021

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