Banfi Products Corporation

$1,200,000 PPP Loan in Glen Head, New York

Loan Details

Loan Number
2704587110
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$1,200,000
Current Approval
$1,200,000
Forgiveness Amount
$1,214,308
Forgiveness Date
Jun 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Banfi Products Corporation
Address
1111 Cedar Swamp Rd 0.0
ZIP Code
11545-2109
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424820)
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
$12.6M
Rural/Urban
Urban
Congressional District
NY-03

Loan Use Breakdown

Payroll
$920,000
Utilities
$20,000
Health Care
$200,000
Mortgage Interest
$60,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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