Niagara Transformer Corp

$1,102,773 PPP Loan in Buffalo, New York

Loan Details

Loan Number
4830347108
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$1,102,773
Current Approval
$1,102,773
Forgiveness Amount
$1,106,013
Forgiveness Date
Nov 10, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Niagara Transformer Corp
Address
1755 Dale Rd
ZIP Code
14225-4915
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (335311)
Business Age
Existing or more than 2 years old
Jobs Reported
95
Estimated Revenue
$24.9M
Rural/Urban
Urban
Congressional District
NY-26

Loan Use Breakdown

Payroll
$968,773
Utilities
$30,000
Health Care
$70,000
Mortgage Interest
$34,000

Lender Information

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

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