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Cyncon Equipment INC

$229,300 PPP Loan in Rush, New York

Loan Details

Loan Number
9510457208
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$229,300
Current Approval
$229,300
Forgiveness Amount
$232,077
Forgiveness Date
Jul 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cyncon Equipment INC
Address
7494 West Henrietta Road
City
Rush
State
New York
ZIP Code
14543
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333924)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NY-25

Loan Use Breakdown

Payroll
$180,000
Rent
$27,000
Utilities
$4,300
Health Care
$14,000
Debt Interest
$4,000

Lender Information

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

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