R&r Coatings, INC

$337,600 PPP Loan in Salisbury, Maryland

Loan Details

Loan Number
1475947210
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$337,600
Current Approval
$337,600
Forgiveness Amount
$341,420
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
R&r Coatings, INC
Address
405 Martin Street
ZIP Code
21804
Business Type
Corporation
Industry (NAICS)
Construction (238990)
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$14.0M
Rural/Urban
Urban
Congressional District
MD-01

Loan Use Breakdown

Payroll
$314,900
Rent
$5,500
Utilities
$9,000
Health Care
$6,900
Mortgage Interest
$1,300

Lender Information

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

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