Blanding Electric, Inc.

$903,937 PPP Loan in Vestal, New York

Loan Details

Loan Number
2856507107
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$903,937
Current Approval
$903,937
Forgiveness Amount
$914,314
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Blanding Electric, Inc.
Address
429 Commerce Road
City
Vestal
ZIP Code
13850-2203
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$11.5M
Rural/Urban
Urban
Congressional District
NY-19

Loan Use Breakdown

Payroll
$600,000
Utilities
$3,937
Health Care
$300,000

Lender Information

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

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