# PPP loan: MATERIAL HANDLING PRODUCTS CORP
> **$172K** approved 01/27/2021 · Paid in Full · Loan `6513988310`
## Borrower
- **Name:** MATERIAL HANDLING PRODUCTS CORP
- **Address:** 6601 Joy Rd Ste 3, East Syracuse, NY, 13057-1107
- **NAICS:** 423830
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $172K
- **Initial approval:** $172K
- **Forgiven:** $173K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $172K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** NBT Bank, National Association
- **Servicing:** NBT Bank, National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*