Ridley Electric Company, Incorporated

$805,000 PPP Loan in Syracuse, New York

Loan Details

Loan Number
7780157104
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$805,000
Current Approval
$805,000
Forgiveness Amount
$812,543
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ridley Electric Company, Incorporated
Address
1810 Lemoyne Avenue
ZIP Code
13208
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
$15.5M
Rural/Urban
Urban
Congressional District
NY-22

Loan Use Breakdown

Payroll
$780,745
Rent
$20,000
Utilities
$4,000
Health Care
$255

Lender Information

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

Other PPP Loans in Syracuse, NY

BusinessApproved
Crouse Health Hospital INC$10,000,000NewBizBotAI Deep Dive
Helio Health Inc.$7,151,755NewBizBotAI Deep Dive
C&s Engineers, Inc.$7,009,697NewBizBotAI Deep Dive
Rapid Response Monitoring Services Inc.$6,731,855NewBizBotAI Deep Dive
Barclay Damon LLP$6,585,700NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free