PPP Loan information for Joseph scherer electrical contractor inc.

$172,838

Joseph scherer electrical contractor inc. was initially approved for PPP Loan of amount $172,838, the current approved amount is $172,838. The loan was approved on 03/09/2021 by The First Commonwealth Bank reported 17 jobs and $172,838 was used to fund payroll.

Joseph scherer electrical contractor inc. is Existing or more than 2 years old

PPP Loan Search / PA / Butler / Joseph scherer electrical contractor inc.

JOSEPH SCHERER ELECTRICAL CONTRACTOR INC.

Date Approved

03/09/2021

SBA Office Code

0358

Processing Method

PPS

Borrower Name

JOSEPH SCHERER ELECTRICAL CONTRACTOR INC.

Borrower Address

830 Pittsburgh Rd

Borrower City

Butler

Borrower State

PA

Borrower Zip

16002-8901

Loan Status Date

03/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

172837.50

Current Approval Amount

172837.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60009

Servicing Lender Name

First Commonwealth Bank

Servicing Lender Address

600 Philadelphia St

Servicing Lender City

INDIANA

Servicing Lender State

PA

Servicing Lender Zip

15701-3904

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Butler

Project County Name

BUTLER

Project State

PA

Project Zip

16002-8901

CD

PA-16

Jobs Reported

17

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

172835.50

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

60009

Originating Lender

First Commonwealth Bank

Originating Lender City

INDIANA

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

174395.41

Forgiveness Date

02/03/2022

;