Ship Point Machine Co., Inc.

$195,941 PPP Loan in Hollywood, Maryland

Loan Details

Loan Number
5145217405
Date Approved
May 11, 2020
Loan Status
Paid in Full
Initial Approval
$195,941
Current Approval
$195,941
Forgiveness Amount
$199,296
Forgiveness Date
Jan 28, 2022
Term
24 months
Draw
First Draw

Business Information

Business Name
Ship Point Machine Co., Inc.
Address
44010 Commerce Ave
ZIP Code
20636
Business Type
Corporation
Industry (NAICS)
Manufacturing (332322)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MD-05

Loan Use Breakdown

Payroll
$195,941

Lender Information

Servicing Lender
Cross River Bank
Originating Lender
Kabbage, Inc.

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