PPP Loan information for Wolberg electrical supply co.

$813,270

Wolberg electrical supply co. was initially approved for PPP Loan of amount $813,270, the current approved amount is $813,270. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 81 jobs and $813,270 was used to fund payroll.

Wolberg electrical supply co. is Existing or more than 2 years old

WOLBERG ELECTRICAL SUPPLY CO.

Date Approved

04/15/2020

SBA Office Code

0248

Processing Method

PPP

Borrower Name

WOLBERG ELECTRICAL SUPPLY CO.

Borrower Address

35 Industrial Park Road

Borrower City

Albany

Borrower State

NY

Borrower Zip

12206

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

813270.00

Current Approval Amount

813270.00

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

12206-0001

CD

NY-20

Jobs Reported

81

NAICS Code

423610

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7917.00

Payroll Proceed

716713.00

Mortgage Interest Proceed

0.00

Rent Proceed

44640.00

Refinance EIDL Proceed

0.00

Health Care Proceed

31000.00

Debt Interest Proceed

13000

Business Type

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

819954.41

Forgiveness Date

02/18/2021

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