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Colonial Equipment Company

$298,330 PPP Loan in Monrovia, Maryland

Loan Details

Loan Number
2368668400
Date Approved
Feb 3, 2021
Loan Status
Paid in Full
Initial Approval
$298,330
Current Approval
$298,330
Forgiveness Amount
$300,537
Forgiveness Date
Nov 3, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Colonial Equipment Company
Address
5171 Intercoastal Ct
City
Monrovia
State
Maryland
ZIP Code
21770-9518
Business Type
Corporation
Industry (NAICS)
Retail Trade (441228)
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
$298,328
Utilities
$1

Lender Information

Servicing Lender
Sandy Spring Bank
Originating Lender
Sandy Spring Bank

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