Western Maryland Distributing Co., Inc.

$257,892 PPP Loan in Cumberland, Maryland

Loan Details

Loan Number
1222617207
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$257,892
Current Approval
$257,892
Forgiveness Amount
$259,913
Forgiveness Date
Feb 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Western Maryland Distributing Co., Inc.
Address
14600 Burbridge Road Southeast
ZIP Code
21502
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424810)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$5.7M
Rural/Urban
Urban
Congressional District
MD-06

Loan Use Breakdown

Payroll
$204,607
Rent
$35,300
Utilities
$1,607
Health Care
$6,941
Debt Interest
$9,437

Lender Information

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

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