The Dearing Compressor and Pump Company

$2,000,000 PPP Loan in Youngstown, Ohio

Loan Details

Loan Number
4768688306
Date Approved
Jan 23, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,011,444
Forgiveness Date
Aug 26, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
The Dearing Compressor and Pump Company
Address
3974 Simon Rd
State
Ohio
ZIP Code
44512-1318
Business Type
Corporation
Industry (NAICS)
Manufacturing (333912)
Business Age
Existing or more than 2 years old
Jobs Reported
199
Estimated Revenue
$52.1M
Rural/Urban
Urban
Congressional District
OH-06

Loan Use Breakdown

Payroll
$2,000,000

Lender Information

Servicing Lender
First National Bank of Pennsylvania
Originating Lender
First National Bank of Pennsylvania

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