Wortech Corp

$657,777 PPP Loan in Stevensville, Maryland

Loan Details

Loan Number
7894507100
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$657,777
Current Approval
$657,777
Forgiveness Amount
$664,949
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Wortech Corp
Address
460 Creeks End Lane
ZIP Code
21666
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541330)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MD-01

Loan Use Breakdown

Payroll
$616,762
Rent
$9,616
Health Care
$31,399

Lender Information

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

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