Gernatt Asphalt Products, Inc.

$2,620,530 PPP Loan in Collins, New York

Loan Details

Loan Number
8264467101
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$2,620,530
Current Approval
$2,620,530
Forgiveness Amount
$2,652,694
Forgiveness Date
Jul 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gernatt Asphalt Products, Inc.
Address
13870 Taylor Hollow Road
ZIP Code
14034
Business Type
Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (212321)
Business Age
Existing or more than 2 years old
Jobs Reported
136
Estimated Revenue
$8.3M
Rural/Urban
Urban
Congressional District
NY-23

Loan Use Breakdown

Payroll
$2,151,530
Utilities
$214,000
Health Care
$145,000
Mortgage Interest
$110,000

Lender Information

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

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