PPP Loan information for Ormec systems corp

$350,000

Ormec systems corp was initially approved for PPP Loan of amount $350,000, the current approved amount is $350,000. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 23 jobs and $350,000 was used to fund payroll.

Ormec systems corp is Existing or more than 2 years old

PPP Loan Search / NY / Rochester / Ormec systems corp

ORMEC SYSTEMS CORP

Date Approved

04/15/2020

SBA Office Code

0219

Processing Method

PPP

Borrower Name

ORMEC SYSTEMS CORP

Borrower Address

19 Linden Park

Borrower City

Rochester

Borrower State

NY

Borrower Zip

14625

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

350000.00

Current Approval Amount

350000.00

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

Existing or more than 2 years old

Project City

Rochester

Project County Name

MONROE

Project State

NY

Project Zip

14625-0081

CD

NY-25

Jobs Reported

23

NAICS Code

335314

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3800.00

Payroll Proceed

301040.00

Mortgage Interest Proceed

0.00

Rent Proceed

19160.00

Refinance EIDL Proceed

0.00

Health Care Proceed

26000.00

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

353212.33

Forgiveness Date

03/25/2021

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