492 ELMWOOD AVENUE, LLC (NY) - 2020 PPP Loan Borrower Profile (# 6038937103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 492 ELMWOOD AVENUE, LLC. 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

6038937103

SBA Office Code

0296

Processing Method

PPP

Curent Loan Amount

$201,700

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$204,225.39

Date Loan was Forgiven

Jul 22, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

25,212.5

Payroll Proced

151,275

Rent Proceed

25,212.5

Lender

Evans Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

312120

Borrower Location

Buffalo, NY

Project Location

Buffalo, NY

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.