Ayer Corp

$497,682 PPP Loan in Jessup, Maryland

Loan Details

Loan Number
7638097109
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$497,682
Current Approval
$497,682
Forgiveness Amount
$500,614
Forgiveness Date
Nov 25, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Ayer Corp
Address
7941 Dorsey Run Road
City
Jessup
ZIP Code
20794
Business Type
Corporation
Industry (NAICS)
Construction (236116)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$13.1M
Rural/Urban
Urban
Congressional District
MD-03

Loan Use Breakdown

Payroll
$460,000
Rent
$16,000
Utilities
$14,682
Health Care
$6,200
Mortgage Interest
$100
Debt Interest
$700

Lender Information

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

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