PPP Loan information for Schenectady hardware & electric co. inc.

$2,000,000

Schenectady hardware & electric co. inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/29/2021 by The Manufacturers and Traders Trust Company reported 103 jobs and $2,000,000 was used to fund payroll.

Schenectady hardware & electric co. inc. is Existing or more than 2 years old

PPP Loan Search / NY / Schenectady / Schenectady hardware & electric co. inc.

SCHENECTADY HARDWARE & ELECTRIC CO. INC.

Date Approved

01/29/2021

SBA Office Code

0248

Processing Method

PPS

Borrower Name

SCHENECTADY HARDWARE & ELECTRIC CO. INC.

Borrower Address

155 Erie Blvd

Borrower City

Schenectady

Borrower State

NY

Borrower Zip

12305-2227

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Schenectady

Project County Name

SCHENECTADY

Project State

NY

Project Zip

12305-2227

CD

NY-20

Jobs Reported

103

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2019178.08

Forgiveness Date

01/20/2022

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