PPP Loan information for Fortino & son electric inc.

$106,977

Fortino & son electric inc. was initially approved for PPP Loan of amount $106,977, the current approved amount is $106,977. The loan was approved on 01/23/2021 by The Solvay Bank reported 11 jobs and $106,977 was used to fund payroll.

Fortino & son electric inc. is Existing or more than 2 years old

FORTINO & SON ELECTRIC INC.

Date Approved

01/23/2021

SBA Office Code

0248

Processing Method

PPS

Borrower Name

FORTINO & SON ELECTRIC INC.

Borrower Address

111 Twin Oaks Dr

Borrower City

Syracuse

Borrower State

NY

Borrower Zip

13206-1205

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

106977.00

Current Approval Amount

106977.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50256

Servicing Lender Name

Solvay Bank

Servicing Lender Address

1537 Milton Ave

Servicing Lender City

SOLVAY

Servicing Lender State

NY

Servicing Lender Zip

13209-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Syracuse

Project County Name

ONONDAGA

Project State

NY

Project Zip

13206-1205

CD

NY-22

Jobs Reported

11

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

106975.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

50256

Originating Lender

Solvay Bank

Originating Lender City

SOLVAY

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

107636.69

Forgiveness Date

09/08/2021

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