Scheerer Bearing Corporation
$655,000 PPP Loan in Willow Grove, Pennsylvania
Loan Details
- Loan Number
- 1344238608
- Date Approved
- Mar 13, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $655,000
- Current Approval
- $655,000
- Forgiveness Amount
- $658,876
- Forgiveness Date
- Oct 20, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Scheerer Bearing Corporation
- Address
- 645 Davisville Rd
- City
- Willow Grove
- State
- Pennsylvania
- ZIP Code
- 19090-1514
- Business Type
- Cooperative
- Industry (NAICS)
- Manufacturing (332991)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 38
- Estimated Revenue
- $9.3M
- Rural/Urban
- Urban
- Congressional District
- PA-04
Loan Use Breakdown
- Payroll
- $655,000
Lender Information
- Servicing Lender
- Fulton Bank, National Association
- Originating Lender
- Fulton Bank National Association
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