Eq Electric, Inc.

$349,700 PPP Loan in Binghamton, New York

Loan Details

Loan Number
1354347200
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$349,700
Current Approval
$349,700
Forgiveness Amount
$357,460
Forgiveness Date
Jul 13, 2022
Term
59 months
Draw
First Draw

Business Information

Business Name
Eq Electric, Inc.
Address
2304 Pierce Creek Road
ZIP Code
13903
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NY-19

Loan Use Breakdown

Payroll
$236,100
Rent
$6,800
Utilities
$5,600
Health Care
$100,000
Debt Interest
$1,200

Lender Information

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

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