# PPP loan: PEERLESS MILL SUPPLY CO INC
> **$278K** approved 04/15/2020 · Paid in Full · Loan `8174067106`
## Borrower
- **Name:** PEERLESS MILL SUPPLY CO INC
- **Address:** 15 Lawrence Bell Drive, Buffalo, NY, 14221
- **NAICS:** 423830
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $278K
- **Initial approval:** $278K
- **Forgiven:** $280K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $260K
- **Utilities:** $4K
- **Health care:** $14K
- **Jobs reported:** 23
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*