PPP Loan information for Silverite construction company, inc.

$870,720

Silverite construction company, inc. was initially approved for PPP Loan of amount $870,720, the current approved amount is $870,720. The loan was approved on 04/27/2020 by The Manufacturers and Traders Trust Company reported 31 jobs and $870,720 was used to fund payroll.

Silverite construction company, inc. is Existing or more than 2 years old

SILVERITE CONSTRUCTION COMPANY, INC.

Date Approved

04/27/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

SILVERITE CONSTRUCTION COMPANY, INC.

Borrower Address

520 West Old Country Road

Borrower City

Hicksville

Borrower State

NY

Borrower Zip

10018

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

870720.00

Current Approval Amount

870720.00

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

Hicksville

Project County Name

NEW YORK

Project State

NY

Project Zip

10018-0001

CD

NY-12

Jobs Reported

31

NAICS Code

236220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

27500.00

Payroll Proceed

720677.00

Mortgage Interest Proceed

45000.00

Rent Proceed

31000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

23614.00

Debt Interest Proceed

22929

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

880381.41

Forgiveness Date

06/11/2021

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