Hopewell Precision, Inc. Employee Stock Ownership Plan

$272,900 PPP Loan in Hopewell Junction, New York

Loan Details

Loan Number
1089027207
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$272,900
Current Approval
$272,900
Forgiveness Amount
$274,536
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hopewell Precision, Inc. Employee Stock Ownership Plan
Address
19 Ryan Road
ZIP Code
12533
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NY-17

Loan Use Breakdown

Payroll
$221,691
Rent
$35,340
Utilities
$12,400
Debt Interest
$3,469

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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