Business Machines & Equipment, Inc.

$214,000 PPP Loan in New Hartford, New York

Loan Details

Loan Number
5726207008
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$214,000
Current Approval
$214,000
Forgiveness Amount
$215,806
Forgiveness Date
Feb 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Business Machines & Equipment, Inc.
Address
8375 Seneca Turnpike
ZIP Code
13413
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423420)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
$5.8M
Rural/Urban
Rural
Congressional District
NY-22

Loan Use Breakdown

Payroll
$160,500
Rent
$26,750
Utilities
$26,750

Lender Information

Servicing Lender
Nbt Bank, National Association
Originating Lender
Nbt Bank, National Association

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