Hildreth Electric INC

$696,900 PPP Loan in Lockport, New York

Loan Details

Loan Number
8439587203
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$696,900
Current Approval
$696,900
Forgiveness Amount
$702,571
Forgiveness Date
Mar 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hildreth Electric INC
Address
5427 Crown Dr
ZIP Code
14095
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
79
Estimated Revenue
$26.0M
Rural/Urban
Urban
Congressional District
NY-24

Loan Use Breakdown

Payroll
$596,927
Rent
$10,000
Utilities
$4,973
Health Care
$70,000
Mortgage Interest
$2,000
Debt Interest
$13,000

Lender Information

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

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