The Terrace at Newark, Inc.

$205,350 PPP Loan in Newark, New York

Loan Details

Loan Number
8118527108
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$205,350
Current Approval
$205,350
Forgiveness Amount
$206,464
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
The Terrace at Newark, Inc.
Address
208 Route 88 South
City
Newark
ZIP Code
14513
Business Type
Subchapter S Corporation
Industry (NAICS)
Health Care and Social Assistance (623312)
Business Age
Existing or more than 2 years old
Jobs Reported
44
Estimated Revenue
$7.5M
Rural/Urban
Rural
Congressional District
NY-24

Loan Use Breakdown

Payroll
$191,350
Utilities
$4,000
Health Care
$10,000

Lender Information

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

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