Posner Industries INC

$725,800 PPP Loan in Capitol Heights, Maryland

Loan Details

Loan Number
2539027101
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$725,800
Current Approval
$725,800
Forgiveness Amount
$733,461
Forgiveness Date
Jun 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Posner Industries INC
Address
8641 Edgeworth Dr
ZIP Code
20743-3739
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423510)
Business Age
Existing or more than 2 years old
Jobs Reported
59
Estimated Revenue
$18.1M
Rural/Urban
Urban
Congressional District
MD-04

Loan Use Breakdown

Payroll
$725,800

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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