Lodolce Machine Co INC
$306,342 PPP Loan in Saugerties, New York
Loan Details
- Loan Number
- 9957947100
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $306,342
- Current Approval
- $306,342
- Forgiveness Amount
- $308,734
- Forgiveness Date
- Feb 2, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Lodolce Machine Co INC
- Address
- 196 Malden Turnpike
- City
- Saugerties
- State
- New York
- ZIP Code
- 12477
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 27
- Estimated Revenue
- $6.6M
- Rural/Urban
- Rural
- Congressional District
- NY-19
Loan Use Breakdown
- Payroll
- $234,142
- Rent
- $18,000
- Utilities
- $20,000
- Health Care
- $14,000
- Mortgage Interest
- $17,700
- Debt Interest
- $2,500
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
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