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Mbarete Contracting Corp

$466,150 PPP Loan in Ridgewood, New York

Loan Details

Loan Number
2859947802
Date Approved
May 24, 2020
Loan Status
Charged Off
Initial Approval
$466,150
Current Approval
$466,150
Forgiveness Amount
$462,561
Forgiveness Date
Aug 24, 2022
Term
5 months
Draw
First Draw

Business Information

Business Name
Mbarete Contracting Corp
Address
66-33 Fresh Pond Road
City
Ridgewood
State
New York
ZIP Code
11385
Business Type
Corporation
Industry (NAICS)
Construction (238350)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$10.1M
Rural/Urban
Urban
Congressional District
NY-07

Loan Use Breakdown

Payroll
$466,150

Lender Information

Servicing Lender
Cross River Bank
Originating Lender
Kabbage, Inc.

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