B&f Electric Motors, Inc.

$1,502,070 PPP Loan in Farmingdale, New York

Loan Details

Loan Number
5368117004
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,502,070
Current Approval
$1,502,070
Forgiveness Amount
$1,519,971
Forgiveness Date
Jun 30, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
B&f Electric Motors, Inc.
Address
135 Schmitt Blvd
ZIP Code
11735-1403
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
New Business or 2 years or less
Jobs Reported
92
Estimated Revenue
$28.2M
Rural/Urban
Urban
Congressional District
NY-02

Loan Use Breakdown

Payroll
$1,502,070

Lender Information

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

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