Ferrell Fuel Company INC

$340,470 PPP Loan in Aberdeen, Maryland

Loan Details

Loan Number
7703897110
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$340,470
Current Approval
$340,470
Forgiveness Amount
$343,688
Forgiveness Date
Apr 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ferrell Fuel Company INC
Address
607 Old Philadelphia Road
ZIP Code
21001
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424720)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$5.4M
Rural/Urban
Urban
Congressional District
MD-01

Loan Use Breakdown

Payroll
$289,975
Rent
$24,000
Utilities
$1,806
Health Care
$24,689

Lender Information

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

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