Erie Materials/albany, Inc.

$726,480 PPP Loan in Albany, New York

Loan Details

Loan Number
7927687105
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$726,480
Current Approval
$726,480
Forgiveness Amount
$730,600
Forgiveness Date
Nov 12, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Erie Materials/albany, Inc.
Address
99 Railroad Avenue
City
Albany
ZIP Code
12205
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423330)
Business Age
Existing or more than 2 years old
Jobs Reported
50
Estimated Revenue
$15.3M
Rural/Urban
Urban
Congressional District
NY-20

Loan Use Breakdown

Payroll
$631,880
Rent
$1,100
Utilities
$9,000
Health Care
$81,500
Mortgage Interest
$3,000

Lender Information

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

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