PPP Loan information for Industrial power and lighting corp

$2,273,800

Industrial power and lighting corp was initially approved for PPP Loan of amount $2,273,800, the current approved amount is $2,273,800. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 140 jobs and $2,273,800 was used to fund payroll.

Industrial power and lighting corp is Existing or more than 2 years old

PPP Loan Search / NY / Buffalo / Industrial power and lighting corp

INDUSTRIAL POWER AND LIGHTING CORP

Date Approved

04/15/2020

SBA Office Code

0296

Processing Method

PPP

Borrower Name

INDUSTRIAL POWER AND LIGHTING CORP

Borrower Address

60 Depot Street

Borrower City

Buffalo

Borrower State

NY

Borrower Zip

14206

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2273800.00

Current Approval Amount

2273800.00

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

Y

HLMI Indicator

Y

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

140

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5600.00

Payroll Proceed

1911684.00

Mortgage Interest Proceed

0.00

Rent Proceed

28000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

323516.00

Debt Interest Proceed

5000

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

2299216.72

Forgiveness Date

06/11/2021

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