Schorn Construction Co., Inc.

$246,220 PPP Loan in Downingtown, Pennsylvania

Loan Details

Loan Number
1733307101
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$246,220
Current Approval
$246,220
Forgiveness Amount
$247,765
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Schorn Construction Co., Inc.
Address
1232 Sawmill Rd
ZIP Code
19335-3831
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
$17.1M
Rural/Urban
Urban
Congressional District
PA-06

Loan Use Breakdown

Payroll
$227,730
Rent
$4,750
Utilities
$1,000
Health Care
$12,740

Lender Information

Servicing Lender
Wilmington Savings Fund Society, Fsb
Originating Lender
Wilmington Savings Fund Society, Fsb

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