Matco Electric Co.

$3,537,300 PPP Loan in Vestal, New York

Loan Details

Loan Number
8097527010
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$3,537,300
Current Approval
$3,490,800
Forgiveness Amount
$3,531,159
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Matco Electric Co.
Address
3913 Gates Rd
City
Vestal
ZIP Code
13850-2323
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
272
Estimated Revenue
$89.5M
Rural/Urban
Urban
Congressional District
NY-19

Loan Use Breakdown

Payroll
$3,490,800

Lender Information

Servicing Lender
Pinnacle Bank
Originating Lender
Pinnacle Bank

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