PPP Loan information for Mollenberg-betz inc

$4,617,500

Mollenberg-betz inc was initially approved for PPP Loan of amount $4,617,500, the current approved amount is $4,617,500. The loan was approved on 04/07/2020 by The Manufacturers and Traders Trust Company reported 173 jobs and $4,617,500 was used to fund payroll.

Mollenberg-betz inc is Existing or more than 2 years old

MOLLENBERG-BETZ INC

Date Approved

04/07/2020

SBA Office Code

0296

Processing Method

PPP

Borrower Name

MOLLENBERG-BETZ INC

Borrower Address

300 Scott Street

Borrower City

BUFFALO

Borrower State

NY

Borrower Zip

14204-2268

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4617500.00

Current Approval Amount

4617500.00

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

14204-2268

CD

NY-26

Jobs Reported

173

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14000.00

Payroll Proceed

3067500.00

Mortgage Interest Proceed

1000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1535000.00

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

4671012.40

Forgiveness Date

06/11/2021

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