# PPP loan: NIAGARA ERECTING INC.
> **$620K** approved 01/29/2021 · Paid in Full · Loan `8109328308`
## Borrower
- **Name:** NIAGARA ERECTING INC.
- **Address:** 500 Ohio St, Lockport, NY, 14094-4222
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $620K
- **Initial approval:** $620K
- **Forgiven:** $624K (101%)
- **Forgiveness date:** 10/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $620K
- **Utilities:** $1
- **Jobs reported:** 57
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*