Mid-State Communications & Electronics, INC

$424,500 PPP Loan in Oriskany, New York

Loan Details

Loan Number
8250027108
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$424,500
Current Approval
$424,500
Forgiveness Amount
$429,350
Forgiveness Date
Jun 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mid-State Communications & Electronics, INC
Address
185 Clear Road
ZIP Code
13424
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811213)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$6.5M
Rural/Urban
Rural
Congressional District
NY-22

Loan Use Breakdown

Payroll
$413,300
Utilities
$2,000
Health Care
$7,200
Debt Interest
$2,000

Lender Information

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

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