Ptfe Compounds, Inc.

$211,400 PPP Loan in Elkton, Maryland

Loan Details

Loan Number
1436567200
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$211,400
Current Approval
$211,400
Forgiveness Amount
$212,860
Forgiveness Date
Jan 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ptfe Compounds, Inc.
Address
220 Chesapeake Boulevard
City
Elkton
ZIP Code
21921
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$19.8M
Rural/Urban
Rural
Congressional District
MD-01

Loan Use Breakdown

Payroll
$169,118
Utilities
$21,141
Health Care
$21,141

Lender Information

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

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