Peirce Welding & Fabricating, Inc.

$364,585 PPP Loan in Bethel, Pennsylvania

Loan Details

Loan Number
8835597110
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$364,585
Current Approval
$364,585
Forgiveness Amount
$366,723
Forgiveness Date
Nov 19, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Peirce Welding & Fabricating, Inc.
Address
170 Airport Road
City
Bethel
ZIP Code
19507
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332313)
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
$5.6M
Rural/Urban
Urban
Congressional District
PA-09

Loan Use Breakdown

Payroll
$251,278
Rent
$33,000
Utilities
$10,000
Health Care
$70,307

Lender Information

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

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