Schomburg Gmbh & Co Kg

$459,772 PPP Loan in Elkton, Maryland

Loan Details

Loan Number
2951817202
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$459,772
Current Approval
$459,772
Forgiveness Amount
$462,405
Forgiveness Date
Nov 19, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Schomburg Gmbh & Co Kg
Address
505 Blue Ball Road #160
City
Elkton
ZIP Code
21921
Business Type
Trust
Industry (NAICS)
Manufacturing (325998)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$29.8M
Rural/Urban
Rural
Congressional District
MD-01

Loan Use Breakdown

Payroll
$402,772
Rent
$14,000
Utilities
$10,500
Health Care
$26,500
Debt Interest
$6,000

Lender Information

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

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