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Niagara Erecting, Inc.

$619,500 PPP Loan in Lockport, New York

Loan Details

Loan Number
9462547107
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$619,500
Current Approval
$619,500
Forgiveness Amount
$627,240
Forgiveness Date
Jul 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Niagara Erecting, Inc.
Address
500 Ohio Street
City
Lockport
State
New York
ZIP Code
14094
Business Type
Corporation
Industry (NAICS)
Construction (238990)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$7.2M
Rural/Urban
Urban
Congressional District
NY-24

Loan Use Breakdown

Payroll
$464,604
Rent
$63,250
Utilities
$44,975
Health Care
$16,671
Debt Interest
$30,000

Lender Information

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

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