1970

$199,070 PPP Loan in Olney, Maryland

Loan Details

Loan Number
5832567102
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$199,070
Current Approval
$199,070
Forgiveness Amount
$200,488
Forgiveness Date
Jan 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
1970
Address
16709 Norbrook Drive
City
Olney
ZIP Code
20832-2617
Business Type
Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MD-08

Loan Use Breakdown

Payroll
$170,120
Rent
$5,150
Utilities
$3,800
Health Care
$20,000

Lender Information

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

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