Ferraro Pile & Shoring INC

$1,109,425 PPP Loan in Alden, New York

Loan Details

Loan Number
9551217104
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,109,425
Current Approval
$1,109,425
Forgiveness Amount
$1,122,404
Forgiveness Date
Jun 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ferraro Pile & Shoring INC
Address
13590 Genesee Street
City
Alden
ZIP Code
14139
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238910)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
$6.4M
Rural/Urban
Urban
Congressional District
NY-23

Loan Use Breakdown

Payroll
$1,091,162
Rent
$6,000
Utilities
$3,600
Health Care
$8,663

Lender Information

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

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