PPP Loan information for Simcona electronics corp

$895,260

Simcona electronics corp was initially approved for PPP Loan of amount $895,260, the current approved amount is $895,260. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 54 jobs and $895,260 was used to fund payroll.

Simcona electronics corp is Existing or more than 2 years old

PPP Loan Search / NY / Rochester / Simcona electronics corp

SIMCONA ELECTRONICS CORP

Date Approved

04/15/2020

SBA Office Code

0219

Processing Method

PPP

Borrower Name

SIMCONA ELECTRONICS CORP

Borrower Address

285 Mount Read Boulevard

Borrower City

Rochester

Borrower State

NY

Borrower Zip

14611

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

895260.00

Current Approval Amount

895260.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rochester

Project County Name

MONROE

Project State

NY

Project Zip

14611-0005

CD

NY-25

Jobs Reported

54

NAICS Code

423610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

769756.00

Mortgage Interest Proceed

0.00

Rent Proceed

20596.00

Refinance EIDL Proceed

0.00

Health Care Proceed

62000.00

Debt Interest Proceed

32908

Business Type

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

890814.10

Forgiveness Date

12/09/2020

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