Stanfordville Machine & Mfg. Co. Inc.

$541,665 PPP Loan in Poughkeepsie, New York

Loan Details

Loan Number
5101527402
Date Approved
May 11, 2020
Loan Status
Paid in Full
Initial Approval
$541,665
Current Approval
$541,665
Forgiveness Amount
$544,678
Forgiveness Date
Dec 10, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Stanfordville Machine & Mfg. Co. Inc.
Address
29 Victory Lane
ZIP Code
12603
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$11.7M
Rural/Urban
Urban
Congressional District
NY-18

Loan Use Breakdown

Payroll
$433,397
Rent
$20,000
Utilities
$13,268
Health Care
$75,000

Lender Information

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

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