PPP Loan information for Schifano construction corp

$3,926,375

Schifano construction corp was initially approved for PPP Loan of amount $3,926,375, the current approved amount is $3,926,375. The loan was approved on 04/14/2020 by The Manufacturers and Traders Trust Company reported 187 jobs and $3,926,375 was used to fund payroll.

Schifano construction corp is Existing or more than 2 years old

SCHIFANO CONSTRUCTION CORP

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SCHIFANO CONSTRUCTION CORP

Borrower Address

1 smalley avenue

Borrower City

MIDDLESEX

Borrower State

NJ

Borrower Zip

08846

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3926375.00

Current Approval Amount

3926375.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

MIDDLESEX

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08846-2231

CD

NJ-12

Jobs Reported

187

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25000.00

Payroll Proceed

2580022.00

Mortgage Interest Proceed

0.00

Rent Proceed

120000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1146353.00

Debt Interest Proceed

55000

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

3971340.06

Forgiveness Date

06/15/2021

;