PPP Loan information for Ngb corporation

$1,840,245

Ngb corporation was initially approved for PPP Loan of amount $1,840,245, the current approved amount is $1,840,245. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 121 jobs and $1,840,245 was used to fund payroll.

Ngb corporation is New Business or 2 years or less

NGB CORPORATION

Date Approved

04/15/2020

SBA Office Code

0296

Processing Method

PPP

Borrower Name

NGB CORPORATION

Borrower Address

237 Commerce Drive

Borrower City

Buffalo

Borrower State

NY

Borrower Zip

14228

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1840245.00

Current Approval Amount

1840245.00

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

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Buffalo

Project County Name

ERIE

Project State

NY

Project Zip

14228-1000

CD

NY-26

Jobs Reported

121

NAICS Code

334513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

12001.00

Payroll Proceed

1738648.00

Mortgage Interest Proceed

0.00

Rent Proceed

89596.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1870041.84

Forgiveness Date

12/07/2021

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