Schiff's Restaurant Service

$948,500 PPP Loan in Scranton, Pennsylvania

Loan Details

Loan Number
5708427000
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$948,500
Current Approval
$1,015,000
Forgiveness Amount
$1,022,669
Forgiveness Date
Jan 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schiff's Restaurant Service
Address
3410 Main Ave
ZIP Code
18508-1439
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (445110)
Business Age
Existing or more than 2 years old
Jobs Reported
173
Estimated Revenue
$43.2M
Rural/Urban
Urban
Congressional District
PA-08

Loan Use Breakdown

Payroll
$761,250
Utilities
$253,750

Lender Information

Servicing Lender
Fidelity Deposit and Discount Bank
Originating Lender
Fidelity Deposit and Discount Bank

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