PPP Loan information for Blanding electric, inc.

$903,937

Blanding electric, inc. was initially approved for PPP Loan of amount $903,937, the current approved amount is $903,937. The loan was approved on 04/11/2020 by The Manufacturers and Traders Trust Company reported 35 jobs and $903,937 was used to fund payroll.

Blanding electric, inc. is Existing or more than 2 years old

BLANDING ELECTRIC, INC.

Date Approved

04/11/2020

SBA Office Code

0248

Processing Method

PPP

Borrower Name

BLANDING ELECTRIC, INC.

Borrower Address

429 Commerce Road

Borrower City

VESTAL

Borrower State

NY

Borrower Zip

13850-2203

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

903937.00

Current Approval Amount

903937.00

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

VESTAL

Project County Name

BROOME

Project State

NY

Project Zip

13850-2203

CD

NY-19

Jobs Reported

35

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3937.00

Payroll Proceed

600000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

300000.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

914313.70

Forgiveness Date

06/11/2021

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