Commercial Power Systems LLC

$453,000 PPP Loan in Farmington, New York

Loan Details

Loan Number
2310117106
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$453,000
Current Approval
$453,000
Forgiveness Amount
$455,482
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Commercial Power Systems LLC
Address
1127 Corporate Dr
ZIP Code
14425-9570
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (335312)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$7.9M
Rural/Urban
Rural
Congressional District
NY-24

Loan Use Breakdown

Payroll
$339,750
Rent
$56,625
Utilities
$56,625

Lender Information

Servicing Lender
Evans Bank, National Association
Originating Lender
Evans Bank, National Association

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