H.h. Benfield Electric Supply Co INC

$1,689,675 PPP Loan in Mount Vernon, New York

Loan Details

Loan Number
8746797109
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,689,675
Current Approval
$1,689,675
Forgiveness Amount
$1,708,794
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
H.h. Benfield Electric Supply Co INC
Address
240 Washington Street
ZIP Code
10553
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
62
Estimated Revenue
$19.0M
Rural/Urban
Urban
Congressional District
NY-16

Loan Use Breakdown

Payroll
$999,675
Rent
$220,000
Utilities
$40,000
Health Care
$360,000
Debt Interest
$70,000

Lender Information

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

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