Hilo Equipment & Services

$2,393,460 PPP Loan in Ronkonkoma, New York

Loan Details

Loan Number
8412117104
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$2,393,460
Current Approval
$2,393,460
Forgiveness Amount
$2,420,542
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hilo Equipment & Services
Address
845 South 1st Street
ZIP Code
11779
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
135
Estimated Revenue
$29.0M
Rural/Urban
Urban
Congressional District
NY-01

Loan Use Breakdown

Payroll
$1,800,000
Utilities
$23,460
Health Care
$420,000
Mortgage Interest
$100,000
Debt Interest
$50,000

Lender Information

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

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