Simcona Electronics Corp

$895,260 PPP Loan in Rochester, New York

Loan Details

Loan Number
8063387105
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$895,260
Current Approval
$895,260
Forgiveness Amount
$900,895
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Simcona Electronics Corp
Address
285 Mount Read Boulevard
ZIP Code
14611
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
54
Estimated Revenue
$16.5M
Rural/Urban
Urban
Congressional District
NY-25

Loan Use Breakdown

Payroll
$769,756
Rent
$20,596
Utilities
$10,000
Health Care
$62,000
Debt Interest
$32,908

Lender Information

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

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