PPP Loan information for Loretto management corporation

$1,455,000

Loretto management corporation was initially approved for PPP Loan of amount $1,455,000, the current approved amount is $1,455,000. The loan was approved on 08/06/2020 by The Manufacturers and Traders Trust Company reported 109 jobs and $1,455,000 was used to fund payroll.

Loretto management corporation is Existing or more than 2 years old

LORETTO MANAGEMENT CORPORATION

Date Approved

08/06/2020

SBA Office Code

0248

Processing Method

PPP

Borrower Name

LORETTO MANAGEMENT CORPORATION

Borrower Address

700 EAST BRIGHTON AVE

Borrower City

SYRACUSE

Borrower State

NY

Borrower Zip

13205-2200

Loan Status Date

01/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1455000.00

Current Approval Amount

1455000.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

SYRACUSE

Project County Name

ONONDAGA

Project State

NY

Project Zip

13205-2200

CD

NY-22

Jobs Reported

109

NAICS Code

624120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1455000.00

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

Non-Profit Organization

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

1474373.42

Forgiveness Date

12/10/2021

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