Depalo and Sons INC

$501,765 PPP Loan in Huntington, New York

Loan Details

Loan Number
9923037100
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$501,765
Current Approval
$501,765
Forgiveness Amount
$508,034
Forgiveness Date
Jul 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Depalo and Sons INC
Address
25 New York Ave
ZIP Code
11743
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811121)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NY-01

Loan Use Breakdown

Payroll
$405,500
Rent
$41,000
Utilities
$12,383
Health Care
$42,882

Lender Information

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

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