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
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

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