Colonial Equipment Company

$228,236 PPP Loan in Monrovia, Maryland

Loan Details

Loan Number
1486357107
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$228,236
Current Approval
$298,330
Forgiveness Amount
$301,738
Forgiveness Date
Jun 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Colonial Equipment Company
Address
5171 Intercoastal Court
ZIP Code
21770-9518
Business Type
Corporation
Industry (NAICS)
Retail Trade (441228)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
$7.1M
Rural/Urban
Urban
Congressional District
MD-06

Loan Use Breakdown

Payroll
$298,330

Lender Information

Servicing Lender
Sandy Spring Bank
Originating Lender
Sandy Spring Bank

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