PPP Loan information for Albany engineering corporation

$309,667

Albany engineering corporation was initially approved for PPP Loan of amount $309,667, the current approved amount is $309,667. The loan was approved on 04/11/2020 by The Manufacturers and Traders Trust Company reported 14 jobs and $309,667 was used to fund payroll.

Albany engineering corporation is Existing or more than 2 years old

PPP Loan Search / NY / ALBANY / Albany engineering corporation

ALBANY ENGINEERING CORPORATION

Date Approved

04/11/2020

SBA Office Code

0248

Processing Method

PPP

Borrower Name

ALBANY ENGINEERING CORPORATION

Borrower Address

5 Washington Square

Borrower City

ALBANY

Borrower State

NY

Borrower Zip

12205-5220

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

309667.00

Current Approval Amount

309667.00

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

ALBANY

Project County Name

ALBANY

Project State

NY

Project Zip

12205-5220

CD

NY-20

Jobs Reported

14

NAICS Code

221111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

204000.00

Mortgage Interest Proceed

43300.00

Rent Proceed

15667.00

Refinance EIDL Proceed

0.00

Health Care Proceed

46700.00

Debt Interest Proceed

0

Business Type

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

311686.20

Forgiveness Date

12/15/2020

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