# PPP loan: MORT BACKUS AND SONS, INC.
> **$526K** approved 04/08/2020 · Paid in Full · Loan `8501007010`
## Borrower
- **Name:** MORT BACKUS AND SONS, INC.
- **Address:** 4835 St Hwy 68, OGDENSBURG, NY, 13669
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $526K
- **Initial approval:** $526K
- **Forgiven:** $529K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $394K
- **Rent:** $66K
- **Utilities:** $66K
- **Jobs reported:** 46
## 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*