Diamond Saw Works INC

$562,900 PPP Loan in Chaffee, New York

Loan Details

Loan Number
6480527101
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$562,900
Current Approval
$562,900
Forgiveness Amount
$569,824
Forgiveness Date
Jul 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Diamond Saw Works INC
Address
12290 Olean Rd
ZIP Code
14030-9767
Business Type
Employee Stock Ownership Plan(esop)
Industry (NAICS)
Manufacturing (332216)
Business Age
Existing or more than 2 years old
Jobs Reported
46
Estimated Revenue
$11.2M
Rural/Urban
Urban
Congressional District
NY-23

Loan Use Breakdown

Payroll
$422,175
Rent
$70,363
Utilities
$70,363

Lender Information

Servicing Lender
Evans Bank, National Association
Originating Lender
Evans Bank, National Association

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