Schuerch Corporation
$300,870 PPP Loan in Abington, Massachusetts
Loan Details
- Loan Number
- 1262087404
- Date Approved
- May 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $300,870
- Current Approval
- $300,870
- Forgiveness Amount
- $304,464
- Forgiveness Date
- Jul 19, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Schuerch Corporation
- Address
- 452 Randolph St
- City
- Abington
- State
- Massachusetts
- ZIP Code
- 02351-1170
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (339112)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 22
- Estimated Revenue
- $6.1M
- Rural/Urban
- Urban
- Congressional District
- MA-08
Loan Use Breakdown
- Payroll
- $230,000
- Utilities
- $1,870
- Mortgage Interest
- $69,000
Lender Information
- Servicing Lender
- Middlesex Savings Bank
- Originating Lender
- Middlesex Savings Bank
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