Cole Roofing Company, Inc.

$1,308,000 PPP Loan in Baltimore, Maryland

Loan Details

Loan Number
7118507108
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$1,308,000
Current Approval
$1,308,000
Forgiveness Amount
$1,324,126
Forgiveness Date
Jul 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cole Roofing Company, Inc.
Address
3915 Coolidge Avenue
ZIP Code
21229
Business Type
Corporation
Industry (NAICS)
Construction (238160)
Business Age
Existing or more than 2 years old
Jobs Reported
75
Estimated Revenue
$24.7M
Rural/Urban
Urban
Congressional District
MD-07

Loan Use Breakdown

Payroll
$1,198,000
Rent
$22,000
Utilities
$50,000
Health Care
$18,000
Mortgage Interest
$8,000
Debt Interest
$12,000

Lender Information

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

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