Ceres Technologies Inc.

$1,569,512 PPP Loan in Saugerties, New York

Loan Details

Loan Number
9709107107
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,569,512
Current Approval
$1,569,512
Forgiveness Amount
$1,589,421
Forgiveness Date
Jul 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ceres Technologies Inc.
Address
5 Tower Drive
ZIP Code
12477
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (334516)
Business Age
Existing or more than 2 years old
Jobs Reported
126
Estimated Revenue
$33.0M
Rural/Urban
Rural
Congressional District
NY-19

Loan Use Breakdown

Payroll
$1,255,611
Rent
$70,963
Utilities
$21,582
Health Care
$191,000
Debt Interest
$30,356

Lender Information

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

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