PPP Loan information for Engineered composites inc.

$697,300

Engineered composites inc. was initially approved for PPP Loan of amount $697,300, the current approved amount is $697,300. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 68 jobs and $697,300 was used to fund payroll.

Engineered composites inc. is Existing or more than 2 years old

PPP Loan Search / NY / Buffalo / Engineered composites inc.

ENGINEERED COMPOSITES INC.

Date Approved

04/15/2020

SBA Office Code

0296

Processing Method

PPP

Borrower Name

ENGINEERED COMPOSITES INC.

Borrower Address

55 Roberts Avenue

Borrower City

Buffalo

Borrower State

NY

Borrower Zip

14206

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

697300.00

Current Approval Amount

697300.00

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

Buffalo

Project County Name

ERIE

Project State

NY

Project Zip

14206-1000

CD

NY-26

Jobs Reported

68

NAICS Code

325211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

38500.00

Payroll Proceed

557625.00

Mortgage Interest Proceed

0.00

Rent Proceed

21875.00

Refinance EIDL Proceed

0.00

Health Care Proceed

79300.00

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

701636.63

Forgiveness Date

12/08/2020

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