1065 ELMWOOD INC (NY) - 2020 PPP Loan Borrower Profile (# 8251937101)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to 1065 ELMWOOD INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in New York.
Loan Detail
Loan Number
8251937101
SBA Office Code
0296
Processing Method
PPP
Curent Loan Amount
$144,800
Date Loan was Approved
Apr 15, 2020
Amount Forgiven
$146,720.09
Date Loan was Forgiven
Aug 23, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
4,272
Payroll Proced
129,928
Mortgage Interest Proceed
0
Rent Proceed
8,000
Refinance EIDL Proceed
0
Health Care Proceed
2,600
Debt Interest Proceed
0
Lender
Manufacturers and Traders Trust Company
Business Detail
Business Type
Subchapter S Corporation
NAICS
722511
Borrower Location
Buffalo, NY
Project Location
Buffalo, NY
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
37
Business Age Description
Existing or more than 2 years old
Data Source: SBA.