1950 (NY) - 2020 PPP Loan Borrower Profile (# 1331687205)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to 1950. 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
1331687205
SBA Office Code
0296
Processing Method
PPP
Curent Loan Amount
$95,500
Date Loan was Approved
Apr 15, 2020
Amount Forgiven
$96,632.92
Date Loan was Forgiven
Jul 9, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
0
Payroll Proced
70,606
Mortgage Interest Proceed
0
Rent Proceed
23,378
Refinance EIDL Proceed
0
Health Care Proceed
1,516
Debt Interest Proceed
0
Lender
Manufacturers and Traders Trust Company
Business Detail
Business Type
Subchapter S Corporation
NAICS
448310
Borrower Location
tonawanda, NY
Project Location
tonawanda, NY
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
16
Business Age Description
Existing or more than 2 years old
Data Source: SBA.