Maryland Automobile Insurance Fund

$4,610,800 PPP Loan in Baltimore, Maryland

Loan Details

Loan Number
1000027201
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$4,610,800
Current Approval
$4,610,800
Forgiveness Amount
$4,300,962
Forgiveness Date
Dec 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Maryland Automobile Insurance Fund
Address
1215 East Fort Avenue Suite 300
ZIP Code
21230
Business Type
Non-Profit Organization
Industry (NAICS)
Finance and Insurance (525190)
Business Age
Existing or more than 2 years old
Jobs Reported
225
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
MD-07

Loan Use Breakdown

Payroll
$3,095,334
Rent
$359,097
Utilities
$22,071
Health Care
$1,134,298

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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