Kaplan-Schmidt Electric, Inc.

$1,201,200 PPP Loan in Rochester, New York

Loan Details

Loan Number
4817127009
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$1,201,200
Current Approval
$1,201,200
Forgiveness Amount
$1,214,480
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Kaplan-Schmidt Electric, Inc.
Address
50 Saginaw Dr
ZIP Code
14623-3132
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$10.5M
Rural/Urban
Urban
Congressional District
NY-25

Loan Use Breakdown

Payroll
$900,000
Rent
$200,000
Utilities
$101,200

Lender Information

Servicing Lender
Five Star Bank
Originating Lender
Five Star Bank

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