PPP Loan information for Kingsway arms nursing center, inc.

$2,284,200

Kingsway arms nursing center, inc. was initially approved for PPP Loan of amount $2,284,200, the current approved amount is $2,284,200. The loan was approved on 04/13/2020 by The Manufacturers and Traders Trust Company reported 227 jobs and $2,284,200 was used to fund payroll.

Kingsway arms nursing center, inc. is Existing or more than 2 years old

PPP Loan Search / NY / SCHENECTADY / Kingsway arms nursing center, inc.

KINGSWAY ARMS NURSING CENTER, INC.

Date Approved

04/13/2020

SBA Office Code

0248

Processing Method

PPP

Borrower Name

KINGSWAY ARMS NURSING CENTER, INC.

Borrower Address

323 Kings Road

Borrower City

SCHENECTADY

Borrower State

NY

Borrower Zip

12304-3645

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2284200.00

Current Approval Amount

2284200.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

SCHENECTADY

Project County Name

SCHENECTADY

Project State

NY

Project Zip

12304-3645

CD

NY-20

Jobs Reported

227

NAICS Code

623110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

12000.00

Payroll Proceed

2157200.00

Mortgage Interest Proceed

48000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

67000.00

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

2309232.33

Forgiveness Date

05/27/2021

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