Suburban Electric of Albion, Inc.

$153,500 PPP Loan in Albion, New York

Loan Details

Loan Number
8858547109
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$153,500
Current Approval
$153,500
Forgiveness Amount
$154,791
Forgiveness Date
Feb 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Suburban Electric of Albion, Inc.
Address
225 East Bank Street
City
Albion
ZIP Code
14411
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
$11.4M
Rural/Urban
Rural
Congressional District
NY-25

Loan Use Breakdown

Payroll
$127,752
Utilities
$1,200
Health Care
$24,548

Lender Information

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

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