Schwing Electrical Supply Corp

$1,673,521 PPP Loan in Farmingdale, New York

Loan Details

Loan Number
1516827108
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,673,521
Current Approval
$1,673,521
Forgiveness Amount
$1,689,512
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schwing Electrical Supply Corp
Address
122 Allen Blvd
ZIP Code
11735-5617
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
109
Estimated Revenue
$33.4M
Rural/Urban
Urban
Congressional District
NY-02

Loan Use Breakdown

Payroll
$1,673,521

Lender Information

Servicing Lender
Valley National Bank
Originating Lender
Valley National Bank

Other PPP Loans in Farmingdale, NY

BusinessApproved
Ug Enterprises Inc.$8,192,903NewBizBotAI Deep Dive
Misonix, Inc.$5,199,487NewBizBotAI Deep Dive
Talon Air LLC$3,707,900NewBizBotAI Deep Dive
Sunrise Credit Services Inc.$3,241,375NewBizBotAI Deep Dive
Ferrandino & Son, Inc.$3,113,600NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free