Chestnut Petroleum Dist., Inc.

$3,433,200 PPP Loan in New Paltz, New York

Loan Details

Loan Number
8178817103
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$3,433,200
Current Approval
$3,433,200
Forgiveness Amount
$3,472,329
Forgiveness Date
Jun 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Chestnut Petroleum Dist., Inc.
Address
536 Main Street
ZIP Code
12561
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (447110)
Business Age
Existing or more than 2 years old
Jobs Reported
442
Estimated Revenue
$147.9M
Rural/Urban
Rural
Congressional District
NY-18

Loan Use Breakdown

Payroll
$2,925,000
Rent
$364,200
Health Care
$144,000

Lender Information

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

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