Schlouch Incorporated

$4,416,847 PPP Loan in Blandon, Pennsylvania

Loan Details

Loan Number
8268427108
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$4,416,847
Current Approval
$4,416,847
Forgiveness Amount
$4,467,187
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schlouch Incorporated
Address
132 Excelsior Drive
ZIP Code
19510
Business Type
Corporation
Industry (NAICS)
Construction (238910)
Business Age
Existing or more than 2 years old
Jobs Reported
283
Estimated Revenue
$106.0M
Rural/Urban
Urban
Congressional District
PA-04

Loan Use Breakdown

Payroll
$3,791,847
Rent
$27,500
Utilities
$7,500
Health Care
$560,000
Debt Interest
$30,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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