Vytex Corporation

$2,970,837 PPP Loan in Laurel, Maryland

Loan Details

Loan Number
6411587006
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$2,970,837
Current Approval
$2,970,837
Forgiveness Amount
$3,005,022
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Vytex Corporation
Address
9425 Washington Blvd
City
Laurel
ZIP Code
20723-1342
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332321)
Business Age
Existing or more than 2 years old
Jobs Reported
215
Estimated Revenue
$52.6M
Rural/Urban
Urban
Congressional District
MD-03

Loan Use Breakdown

Payroll
$2,569,714
Rent
$194,876
Utilities
$44,554
Health Care
$161,693

Lender Information

Servicing Lender
Sandy Spring Bank
Originating Lender
Sandy Spring Bank

Other PPP Loans in Laurel, MD

BusinessApproved
H.i.s. LLC$10,000,000NewBizBotResearch
D.a.c. Acquisition Company, LLC$9,221,000NewBizBotResearch
Karon Masonry of Maryland, Inc.$6,005,642NewBizBotResearch
Buch Construction, Inc.$4,119,002NewBizBotResearch
Eba Enqineerinq INC$2,858,315NewBizBotResearch

Want to research this company further?

Try NewBizBot free