Kingsway Arms Nursing Center, Inc.
$2,284,200 PPP Loan in Schenectady, New York
Loan Details
- Loan Number
- 4319607106
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,284,200
- Current Approval
- $2,284,200
- Forgiveness Amount
- $2,309,232
- Forgiveness Date
- May 27, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Kingsway Arms Nursing Center, Inc.
- Address
- 323 Kings Road
- City
- Schenectady
- State
- New York
- ZIP Code
- 12304-3645
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Health Care and Social Assistance (623110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 227
- Estimated Revenue
- $38.6M
- Rural/Urban
- Urban
- Congressional District
- NY-20
Loan Use Breakdown
- Payroll
- $2,157,200
- Utilities
- $12,000
- Health Care
- $67,000
- Mortgage Interest
- $48,000
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
Other PPP Loans in Schenectady, NY
| Business | Approved | |
|---|---|---|
| Horizon Food Equipment, Inc. | $4,428,000 | |
| Schenectady County Chapter Nysarc INC | $4,272,575 | |
| Schenectady Hardware & Electric Co., Inc. | $3,679,825 | |
| Conifer Park, Inc. | $3,660,000 | |
| Digesare Mechanical, Inc. | $2,926,325 |
Want to research this company further?
Try NewBizBot free