PPP Loan information for Industrial furnace co inc

$832,822

Industrial furnace co inc was initially approved for PPP Loan of amount $832,822, the current approved amount is $832,822. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 57 jobs and $832,822 was used to fund payroll.

Industrial furnace co inc is Existing or more than 2 years old

PPP Loan Search / NY / Rochester / Industrial furnace co inc

INDUSTRIAL FURNACE CO INC

Date Approved

04/15/2020

SBA Office Code

0219

Processing Method

PPP

Borrower Name

INDUSTRIAL FURNACE CO INC

Borrower Address

40 Humboldt Street

Borrower City

Rochester

Borrower State

NY

Borrower Zip

14609

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

832822.00

Current Approval Amount

832822.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rochester

Project County Name

MONROE

Project State

NY

Project Zip

14609-0321

CD

NY-25

Jobs Reported

57

NAICS Code

238140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

542822.00

Mortgage Interest Proceed

0.00

Rent Proceed

150000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

120000.00

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

838571.89

Forgiveness Date

12/31/2020

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