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Short's Marine, INC

$700,000 PPP Loan in Millsboro, Delaware

Loan Details

Loan Number
7584727003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$700,000
Current Approval
$700,000
Forgiveness Amount
$703,836
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Short's Marine, INC
Address
32415 Long Neck Road
City
Millsboro
State
Delaware
ZIP Code
19966-6671
Business Type
Corporation
Industry (NAICS)
Retail Trade (441222)
Business Age
Existing or more than 2 years old
Jobs Reported
60
Estimated Revenue
$15.7M
Rural/Urban
Rural
Congressional District
DE-

Loan Use Breakdown

Payroll
$525,069
Rent
$80,000
Utilities
$13,531
Health Care
$35,000
Debt Interest
$46,400

Lender Information

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

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