Conveyor & Automation Technologies, Inc.
$402,400 PPP Loan in Sparks Glencoe, Maryland
Loan Details
- Loan Number
- 1277817205
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $402,400
- Current Approval
- $402,400
- Forgiveness Amount
- $405,619
- Forgiveness Date
- Feb 10, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Conveyor & Automation Technologies, Inc.
- Address
- 66 Loveton Circle
- City
- Sparks Glencoe
- State
- Maryland
- ZIP Code
- 21152
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238290)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 27
- Estimated Revenue
- $8.6M
- Rural/Urban
- Urban
- Congressional District
- MD-02
Loan Use Breakdown
- Payroll
- $301,953
- Rent
- $40,000
- Utilities
- $12,000
- Health Care
- $22,000
- Mortgage Interest
- $9,000
- Debt Interest
- $17,447
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
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