Schatz Bearing Corporation

$1,215,600 PPP Loan in Poughkeepsie, New York

Loan Details

Loan Number
1055297209
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,215,600
Current Approval
$1,215,600
Forgiveness Amount
$1,226,590
Forgiveness Date
Mar 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schatz Bearing Corporation
Address
10 Fairview Ave
ZIP Code
12601-1312
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
126
Estimated Revenue
$30.8M
Rural/Urban
Urban
Congressional District
NY-18

Loan Use Breakdown

Payroll
$1,215,600

Lender Information

Servicing Lender
Rhinebeck Bank
Originating Lender
Rhinebeck Bank

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