Quermback Electric, Inc.

$330,182 PPP Loan in Buffalo, New York

Loan Details

Loan Number
9091647102
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$330,182
Current Approval
$330,182
Forgiveness Amount
$333,701
Forgiveness Date
May 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Quermback Electric, Inc.
Address
215 Genesee Street
ZIP Code
14203
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$8.0M
Rural/Urban
Urban
Congressional District
NY-26

Loan Use Breakdown

Payroll
$285,246
Rent
$3,000
Utilities
$17,838
Health Care
$20,870
Debt Interest
$3,228

Lender Information

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

Other PPP Loans in Buffalo, NY

BusinessApproved
Erie County Medical Center Corporation$10,000,000NewBizBotAI Deep Dive
Buffalo Medical Group, P.c.$10,000,000NewBizBotAI Deep Dive
Kelly Cooling and Heating$10,000,000NewBizBotAI Deep Dive
Ferguson Electric Construction Co., Inc.$10,000,000NewBizBotAI Deep Dive
New Era Cap Co.,inc.$8,386,131NewBizBotAI Deep Dive

Want to research this company further?