PPP Loan information for Schenectady steel co. inc

$640,500

Schenectady steel co. inc was initially approved for PPP Loan of amount $640,500, the current approved amount is $640,500. The loan was approved on 02/25/2021 by The Pioneer Bank reported 53 jobs and $640,500 was used to fund payroll.

Schenectady steel co. inc is Existing or more than 2 years old

PPP Loan Search / NY / Schenectady / Schenectady steel co. inc

SCHENECTADY STEEL CO. INC

Date Approved

02/25/2021

SBA Office Code

0248

Processing Method

PPS

Borrower Name

SCHENECTADY STEEL CO. INC

Borrower Address

18 Mariaville Rd

Borrower City

Schenectady

Borrower State

NY

Borrower Zip

12306-1316

Loan Status Date

11/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

640500.00

Current Approval Amount

640500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50271

Servicing Lender Name

Pioneer Bank

Servicing Lender Address

652 Albany Shaker Rd

Servicing Lender City

ALBANY

Servicing Lender State

NY

Servicing Lender Zip

12211

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Schenectady

Project County Name

SCHENECTADY

Project State

NY

Project Zip

12306-1316

CD

NY-20

Jobs Reported

53

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

640500.00

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

Subchapter S Corporation

Originating Lender Location Id

50271

Originating Lender

Pioneer Bank

Originating Lender City

ALBANY

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

644518.48

Forgiveness Date

10/20/2021

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