Newstead Ranch, Inc.

$2,742,260 PPP Loan in Clarence, New York

Loan Details

Loan Number
1888437110
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$2,742,260
Current Approval
$2,742,260
Forgiveness Amount
$2,775,393
Forgiveness Date
Jul 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Newstead Ranch, Inc.
Address
5411 Davison Rd
ZIP Code
14031-1350
Business Type
Subchapter S Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (112310)
Business Age
Existing or more than 2 years old
Jobs Reported
291
Estimated Revenue
$47.6M
Rural/Urban
Urban
Congressional District
NY-23

Loan Use Breakdown

Payroll
$2,425,460
Rent
$63,660
Utilities
$192,800
Mortgage Interest
$60,340

Lender Information

Servicing Lender
First Pioneer Farm Credit, Aca
Originating Lender
First Pioneer Farm Credit, Aca

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