Michael G. Montag Insurance Agency INC

$146,200 PPP Loan in Penfield, New York

Loan Details

Loan Number
1490717209
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$146,200
Current Approval
$146,200
Forgiveness Amount
$147,173
Forgiveness Date
Dec 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Michael G. Montag Insurance Agency INC
Address
1745 Penfield Road
ZIP Code
14526
Business Type
Subchapter S Corporation
Industry (NAICS)
Finance and Insurance (524210)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
$6.7M
Rural/Urban
Urban
Congressional District
NY-25

Loan Use Breakdown

Payroll
$117,000
Rent
$13,100
Utilities
$2,000
Health Care
$9,000
Mortgage Interest
$3,700
Debt Interest
$1,400

Lender Information

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

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