PPP Loan information for Niagara transformer corp

$1,102,773

Niagara transformer corp was initially approved for PPP Loan of amount $1,102,773, the current approved amount is $1,102,773. The loan was approved on 04/13/2020 by The Manufacturers and Traders Trust Company reported 95 jobs and $1,102,773 was used to fund payroll.

Niagara transformer corp is Existing or more than 2 years old

PPP Loan Search / NY / BUFFALO / Niagara transformer corp

NIAGARA TRANSFORMER CORP

Date Approved

04/13/2020

SBA Office Code

0296

Processing Method

PPP

Borrower Name

NIAGARA TRANSFORMER CORP

Borrower Address

1755 DALE RD

Borrower City

BUFFALO

Borrower State

NY

Borrower Zip

14225-4915

Loan Status Date

03/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1102772.50

Current Approval Amount

1102772.50

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

Y

Business Age Description

Existing or more than 2 years old

Project City

BUFFALO

Project County Name

ERIE

Project State

NY

Project Zip

14225-4915

CD

NY-26

Jobs Reported

95

NAICS Code

335311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

30000.00

Payroll Proceed

968772.50

Mortgage Interest Proceed

34000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

70000.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1106013.42

Forgiveness Date

11/10/2020

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