Power-Flo Technologies INC

$1,241,635 PPP Loan in Garden City Park, New York

Loan Details

Loan Number
7725227109
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$1,241,635
Current Approval
$1,241,635
Forgiveness Amount
$1,248,336
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Power-Flo Technologies INC
Address
270 Park Avenue
ZIP Code
11040
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
110
Estimated Revenue
$33.7M
Rural/Urban
Urban
Congressional District
NY-03

Loan Use Breakdown

Payroll
$943,635
Rent
$164,000
Utilities
$17,000
Health Care
$30,000
Debt Interest
$87,000

Lender Information

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

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