Rael Automatic Sprinkler Co., Inc.
$10,000,000 PPP Loan in New Hyde Park, New York
Loan Details
- Loan Number
- 9734967109
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $10,000,000
- Current Approval
- $10,000,000
- Forgiveness Amount
- $10,113,151
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Rael Automatic Sprinkler Co., Inc.
- Address
- 1750 Plaza Avenue
- City
- New Hyde Park
- State
- New York
- ZIP Code
- 11040
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238220)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 321
- Estimated Revenue
- $101.6M
- Rural/Urban
- Urban
- Congressional District
- NY-03
Loan Use Breakdown
- Payroll
- $7,264,698
- Utilities
- $5,000
- Health Care
- $2,665,302
- Mortgage Interest
- $65,000
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
Other PPP Loans in New Hyde Park, NY
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|---|---|---|
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| M and J Engineering, P.c. | $5,250,000 | Research |
| National Environmental Safety Company, INC | $4,087,100 | Research |
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| Piece Management INC | $2,786,552 | Research |
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