1961 (NY) - 2020 PPP Loan Borrower Profile (# 8402847107)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to 1961. 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
8402847107
SBA Office Code
0248
Processing Method
PPP
Curent Loan Amount
$23,457
Date Loan was Approved
Apr 15, 2020
Amount Forgiven
$23,624.73
Date Loan was Forgiven
Jan 7, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
646
Payroll Proced
19,323
Mortgage Interest Proceed
1,038
Rent Proceed
2,450
Refinance EIDL Proceed
0
Health Care Proceed
0
Debt Interest Proceed
0
Lender
Manufacturers and Traders Trust Company
Business Detail
Business Type
Corporation
NAICS
524298
Borrower Location
New Hartford, NY
Project Location
New Hartford, NY
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
2
Business Age Description
New Business or 2 years or less
Data Source: SBA.
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