PPP Loan information for Elevator modernization co., inc.

$1,430,600

Elevator modernization co., inc. was initially approved for PPP Loan of amount $1,430,600, the current approved amount is $1,430,600. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 105 jobs and $1,430,600 was used to fund payroll.

Elevator modernization co., inc. is Existing or more than 2 years old

PPP Loan Search / MD / Capitol Heights / Elevator modernization co., inc.

ELEVATOR MODERNIZATION CO., INC.

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

ELEVATOR MODERNIZATION CO., INC.

Borrower Address

9101 East Hampton Drive

Borrower City

Capitol Heights

Borrower State

MD

Borrower Zip

20743

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1430600.00

Current Approval Amount

1430600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Capitol Heights

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20743-1000

CD

MD-04

Jobs Reported

105

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1430600.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1443063.86

Forgiveness Date

03/09/2021

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