PPP Loan information for The effect group inc

$261,787

The effect group inc was initially approved for PPP Loan of amount $261,787, the current approved amount is $261,787. The loan was approved on 01/22/2021 by The Manufacturers and Traders Trust Company reported 21 jobs and $261,787 was used to fund payroll.

The effect group inc is Existing or more than 2 years old

PPP Loan Search / NY / Syracuse / The effect group inc

THE EFFECT GROUP INC

Date Approved

01/22/2021

SBA Office Code

0248

Processing Method

PPS

Borrower Name

THE EFFECT GROUP INC

Borrower Address

243 E Water St

Borrower City

Syracuse

Borrower State

NY

Borrower Zip

13202-1171

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

261787.00

Current Approval Amount

261787.00

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

Syracuse

Project County Name

ONONDAGA

Project State

NY

Project Zip

13202-1171

CD

NY-22

Jobs Reported

21

NAICS Code

238330

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

261784.00

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

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

265093.41

Forgiveness Date

05/05/2022

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