PPP Loan information for Ungerman electric

$172,462

Ungerman electric was initially approved for PPP Loan of amount $172,462, the current approved amount is $172,462. The loan was approved on 03/03/2021 by The Manufacturers and Traders Trust Company reported 15 jobs and $172,462 was used to fund payroll.

Ungerman electric is Existing or more than 2 years old

UNGERMAN ELECTRIC

Date Approved

03/03/2021

SBA Office Code

0248

Processing Method

PPS

Borrower Name

UNGERMAN ELECTRIC

Borrower Address

395 Sheridan Ave

Borrower City

Albany

Borrower State

NY

Borrower Zip

12206-2919

Loan Status Date

05/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

172462.00

Current Approval Amount

172462.00

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

Albany

Project County Name

ALBANY

Project State

NY

Project Zip

12206-2919

CD

NY-20

Jobs Reported

15

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

172458.00

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

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

174314.19

Forgiveness Date

04/04/2022

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