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Fil-Tec, Inc.

$1,890,000 PPP Loan in Cavetown, Maryland

Loan Details

Loan Number
7147077109
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$1,890,000
Current Approval
$1,890,000
Forgiveness Amount
$1,906,485
Forgiveness Date
Mar 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Fil-Tec, Inc.
Address
12129 Mapleville Road Po Box B
City
Cavetown
State
Maryland
ZIP Code
21720
Business Type
Corporation
Industry (NAICS)
Manufacturing (313110)
Business Age
Existing or more than 2 years old
Jobs Reported
126
Estimated Revenue
$44.5M
Rural/Urban
Urban
Congressional District
MD-06

Loan Use Breakdown

Payroll
$1,417,500
Utilities
$236,250
Mortgage Interest
$236,250

Lender Information

Servicing Lender
Fulton Bank, National Association
Originating Lender
Fulton Bank, National Association

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