Bestway of New York, Inc.

$861,622 PPP Loan in Cortland, New York

Loan Details

Loan Number
9116777103
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$861,622
Current Approval
$861,622
Forgiveness Amount
$867,736
Forgiveness Date
Jan 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bestway of New York, Inc.
Address
3877 Luker Road
ZIP Code
13045
Business Type
Corporation
Industry (NAICS)
Manufacturing (321114)
Business Age
Existing or more than 2 years old
Jobs Reported
52
Estimated Revenue
$51.6M
Rural/Urban
Rural
Congressional District
NY-19

Loan Use Breakdown

Payroll
$695,998
Utilities
$25,000
Health Care
$15,000
Mortgage Interest
$51,844
Debt Interest
$73,780

Lender Information

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

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