Chief Equipment Inc.

$492,165 PPP Loan in Hicksville, New York

Loan Details

Loan Number
9086407106
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$492,165
Current Approval
$492,165
Forgiveness Amount
$495,091
Forgiveness Date
Nov 25, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Chief Equipment Inc.
Address
400 West Old Country Road
ZIP Code
11801
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (453998)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NY-03

Loan Use Breakdown

Payroll
$375,460
Rent
$35,100
Utilities
$17,649
Health Care
$33,062
Mortgage Interest
$10,309
Debt Interest
$20,585

Lender Information

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

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