American Equipment, LLC

$404,505 PPP Loan in Farmington, New York

Loan Details

Loan Number
8195927103
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$404,505
Current Approval
$404,505
Forgiveness Amount
$406,910
Forgiveness Date
Nov 27, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
American Equipment, LLC
Address
6112 Collett Road
ZIP Code
14425
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Real Estate and Rental and Leasing (532490)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$13.6M
Rural/Urban
Rural
Congressional District
NY-24

Loan Use Breakdown

Payroll
$300,000
Rent
$25,000
Utilities
$3,000
Health Care
$30,000
Debt Interest
$46,505

Lender Information

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

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