PPP Loan information for Strate welding supply co., inc.

$624,900

Strate welding supply co., inc. was initially approved for PPP Loan of amount $624,900, the current approved amount is $624,900. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 69 jobs and $624,900 was used to fund payroll.

Strate welding supply co., inc. is Existing or more than 2 years old

PPP Loan Search / NY / Buffalo / Strate welding supply co., inc.

STRATE WELDING SUPPLY CO., INC.

Date Approved

04/15/2020

SBA Office Code

0296

Processing Method

PPP

Borrower Name

STRATE WELDING SUPPLY CO., INC.

Borrower Address

101 Comet Avenue

Borrower City

Buffalo

Borrower State

NY

Borrower Zip

14216

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

624900.00

Current Approval Amount

624900.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Buffalo

Project County Name

ERIE

Project State

NY

Project Zip

14216-1000

CD

NY-26

Jobs Reported

69

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

17000.00

Payroll Proceed

499900.00

Mortgage Interest Proceed

0.00

Rent Proceed

13000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

95000.00

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

628786.36

Forgiveness Date

12/08/2020

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