Mayer Pollock Steel Corporation

$995,620 PPP Loan in Pottstown, Pennsylvania

Loan Details

Loan Number
7910957107
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$995,620
Current Approval
$995,620
Forgiveness Amount
$1,002,794
Forgiveness Date
Jan 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mayer Pollock Steel Corporation
Address
850 Industrial Highway
ZIP Code
19464
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423930)
Business Age
Existing or more than 2 years old
Jobs Reported
87
Estimated Revenue
$26.7M
Rural/Urban
Urban
Congressional District
PA-04

Loan Use Breakdown

Payroll
$843,633
Utilities
$17,589
Health Care
$127,442
Debt Interest
$6,956

Lender Information

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

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