Scheerer Bearing Corporation
$655,805 PPP Loan in Willow Grove, Pennsylvania
Loan Details
- Loan Number
- 7349297005
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $655,805
- Current Approval
- $655,800
- Forgiveness Amount
- $661,316
- Forgiveness Date
- Feb 26, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Scheerer Bearing Corporation
- Address
- 645 Davisville Road
- City
- Willow Grove
- State
- Pennsylvania
- ZIP Code
- 19090
- Business Type
- Cooperative
- Industry (NAICS)
- Manufacturing (332991)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 44
- Estimated Revenue
- $10.8M
- Rural/Urban
- Urban
- Congressional District
- PA-04
Loan Use Breakdown
- Payroll
- $655,800
Lender Information
- Servicing Lender
- Fulton Bank, National Association
- Originating Lender
- Fulton Bank National Association
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