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

$3,679,825

Schenectady hardware & electric co., inc. was initially approved for PPP Loan of amount $3,679,825, the current approved amount is $3,679,825. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 165 jobs and $3,679,825 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

04/15/2020

SBA Office Code

0248

Processing Method

PPP

Borrower Name

SCHENECTADY HARDWARE & ELECTRIC CO., INC.

Borrower Address

155 Erie Boulevard

Borrower City

Schenectady

Borrower State

NY

Borrower Zip

12305

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3679825.00

Current Approval Amount

3679825.00

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

12305-1000

CD

NY-20

Jobs Reported

165

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15000.00

Payroll Proceed

2637573.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1019252.00

Debt Interest Proceed

8000

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

3721361.65

Forgiveness Date

06/11/2021

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