City Lumber, Inc.
$737,412 PPP Loan in Long Island City, New York
Loan Details
- Loan Number
- 8732407107
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $737,412
- Current Approval
- $737,412
- Forgiveness Amount
- $741,675
- Forgiveness Date
- Nov 23, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- City Lumber, Inc.
- Address
- 49-47 31st Street
- City
- Long Island City
- State
- New York
- ZIP Code
- 11101
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 35
- Estimated Revenue
- $10.7M
- Rural/Urban
- Urban
- Congressional District
- NY-07
Loan Use Breakdown
- Payroll
- $480,000
- Rent
- $125,000
- Utilities
- $4,000
- Health Care
- $120,000
- Debt Interest
- $8,412
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
Other PPP Loans in Long Island City, NY
| Business | Approved | |
|---|---|---|
| C.a.c Industries Inc. | $10,000,000 | |
| Mana Products, Inc. | $10,000,000 | |
| P a L Environmental Safety Corp | $10,000,000 | |
| Transel Elevator & Electric INC | $9,848,266 | |
| New York Paving INC | $7,566,265 |
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