# PPP loan: SCHEUERMANN EXCAVATING INC.
> **$832K** approved 01/19/2021 · Paid in Full · Loan `1727548310`
## Borrower
- **Name:** SCHEUERMANN EXCAVATING INC.
- **Address:** 5285 W Coplay Rd, Whitehall, PA, 18052-2211
- **NAICS:** 238910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $832K
- **Initial approval:** $832K
- **Forgiven:** $840K (101%)
- **Forgiveness date:** 01/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $832K
- **Jobs reported:** 55
## Lender
- **Originating:** American Bank
- **Servicing:** American Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*