Mort Backus and Sons, Inc.

$525,600 PPP Loan in Ogdensburg, New York

Loan Details

Loan Number
8501007010
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$525,600
Current Approval
$525,600
Forgiveness Amount
$528,998
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Mort Backus and Sons, Inc.
Address
4835 St Hwy 68
ZIP Code
13669
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
46
Estimated Revenue
$11.6M
Rural/Urban
Rural
Congressional District
NY-21

Loan Use Breakdown

Payroll
$394,200
Rent
$65,700
Utilities
$65,700

Lender Information

Servicing Lender
Nbt Bank, National Association
Originating Lender
Nbt Bank, National Association

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