Ferrous Manufacturing INC
$289,400 PPP Loan in Lackawanna, New York
Loan Details
- Loan Number
- 9509597109
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $289,400
- Current Approval
- $289,400
- Forgiveness Amount
- $291,771
- Forgiveness Date
- Feb 18, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Ferrous Manufacturing INC
- Address
- 1951 Hamburg Turnpike
- City
- Lackawanna
- State
- New York
- ZIP Code
- 14218
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332312)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 18
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- NY-23
Loan Use Breakdown
- Payroll
- $240,510
- Rent
- $15,645
- Utilities
- $5,530
- Health Care
- $26,690
- Debt Interest
- $1,025
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
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