Benfield Electric Supply Corporation

$772,855 PPP Loan in Mount Vernon, New York

Loan Details

Loan Number
9116167108
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$772,855
Current Approval
$772,855
Forgiveness Amount
$781,282
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Benfield Electric Supply Corporation
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
32
Estimated Revenue
$9.8M
Rural/Urban
Urban
Congressional District
NY-16

Loan Use Breakdown

Payroll
$602,855
Rent
$80,000
Utilities
$20,000
Health Care
$70,000

Lender Information

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

Other PPP Loans in Mount Vernon, NY

BusinessApproved
Commodore Construction Corp.$10,000,000NewBizBotAI Deep Dive
Structuretech New York Inc.$10,000,000NewBizBotAI Deep Dive
Verde Electric Corp.$6,383,400NewBizBotAI Deep Dive
Anvil Mechanical, Inc.$3,903,200NewBizBotAI Deep Dive
Defoe Corp.$3,780,000NewBizBotAI Deep Dive

Want to research this company further?