Midway Industrial Supply, Inc.

$1,154,665 PPP Loan in Utica, New York

Loan Details

Loan Number
8417277105
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,154,665
Current Approval
$1,154,665
Forgiveness Amount
$1,164,219
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Midway Industrial Supply, Inc.
Address
51 Wurz Avenue
City
Utica
ZIP Code
13502
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423840)
Business Age
Existing or more than 2 years old
Jobs Reported
99
Estimated Revenue
$30.3M
Rural/Urban
Rural
Congressional District
NY-22

Loan Use Breakdown

Payroll
$1,014,665
Rent
$80,000
Utilities
$15,000
Health Care
$20,000
Debt Interest
$25,000

Lender Information

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

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