PPP Loan information for Matco electric co.

$3,490,800

Matco electric co. was initially approved for PPP Loan of amount $3,537,300, the current approved amount is $3,490,800. The loan was approved on 04/08/2020 by The Pinnacle Bank reported 272 jobs and $3,490,800 was used to fund payroll.

Matco electric co. is Existing or more than 2 years old

PPP Loan Search / NY / VESTAL / Matco electric co.

MATCO ELECTRIC CO.

Date Approved

04/08/2020

SBA Office Code

0248

Processing Method

PPP

Borrower Name

MATCO ELECTRIC CO.

Borrower Address

3913 GATES RD

Borrower City

VESTAL

Borrower State

NY

Borrower Zip

13850-2323

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3537300.00

Current Approval Amount

3490800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

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

13850-2323

CD

NY-19

Jobs Reported

272

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3490800.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3531159.39

Forgiveness Date

06/11/2021

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