Silverite Construction Company, Inc.

$870,720 PPP Loan in Hicksville, New York

Loan Details

Loan Number
4768477208
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$870,720
Current Approval
$870,720
Forgiveness Amount
$880,381
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Silverite Construction Company, Inc.
Address
520 West Old Country Road
ZIP Code
10018
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
31
Estimated Revenue
$35.3M
Rural/Urban
Urban
Congressional District
NY-12

Loan Use Breakdown

Payroll
$720,677
Rent
$31,000
Utilities
$27,500
Health Care
$23,614
Mortgage Interest
$45,000
Debt Interest
$22,929

Lender Information

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

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