Praxis Powder Technology Inc.
$541,192 PPP Loan in Queensbury, New York
Loan Details
- Loan Number
- 8177037103
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $541,192
- Current Approval
- $541,192
- Forgiveness Amount
- $544,198
- Forgiveness Date
- Feb 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Praxis Powder Technology Inc.
- Address
- 604 Queensbury Avenue
- City
- Queensbury
- State
- New York
- ZIP Code
- 12804
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (332117)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 38
- Estimated Revenue
- $9.3M
- Rural/Urban
- Rural
- Congressional District
- NY-21
Loan Use Breakdown
- Payroll
- $440,050
- Rent
- $19,500
- Utilities
- $37,500
- Health Care
- $36,500
- Debt Interest
- $7,642
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
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