Gerhart Systems and Controls Corp

$588,000 PPP Loan in Tatamy, Pennsylvania

Loan Details

Loan Number
8221677007
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$588,000
Current Approval
$588,058
Forgiveness Amount
$592,485
Forgiveness Date
Jan 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gerhart Systems and Controls Corp
Address
300 Bushkill Street P.o. Box 580
City
Tatamy
ZIP Code
18085-7046
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423840)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$12.3M
Rural/Urban
Urban
Congressional District
PA-07

Loan Use Breakdown

Payroll
$441,044
Rent
$147,015

Lender Information

Servicing Lender
Fulton Bank, National Association
Originating Lender
Fulton Bank, National Association

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