Michaels Electrical Supply Corporation
$693,000 PPP Loan in Lynbrook, New York
Loan Details
- Loan Number
- 6452417204
- Date Approved
- Apr 28, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $693,000
- Current Approval
- $693,000
- Forgiveness Amount
- $702,132
- Forgiveness Date
- Sep 2, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Michaels Electrical Supply Corporation
- Address
- 456 Merrick Road
- City
- Lynbrook
- State
- New York
- ZIP Code
- 11563
- Business Type
- Corporation
- Industry (NAICS)
- Wholesale Trade (423610)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 50
- Estimated Revenue
- $15.3M
- Rural/Urban
- Urban
- Congressional District
- NY-04
Loan Use Breakdown
- Payroll
- $693,000
Lender Information
- Servicing Lender
- Loan Source Incorporated
- Originating Lender
- Webster Bank National Association
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|---|---|---|
| Par Plumbing Company Inc. | $9,586,099 |  Research |
| Winco Corporation | $5,210,222 | Research |
| P Hendel Products | $3,811,900 | Research |
| Sorbara Construction Corp. | $2,754,565 | Research |
| Team Hendel Products LLC | $1,678,510 | Research |
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