Vending Plus INC

$556,500 PPP Loan in Linthicum Heights, Maryland

Loan Details

Loan Number
8097827104
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$556,500
Current Approval
$556,500
Forgiveness Amount
$560,769
Forgiveness Date
Feb 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Vending Plus INC
Address
810 Oregon Avenue
ZIP Code
21090
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (454210)
Business Age
Existing or more than 2 years old
Jobs Reported
57
Estimated Revenue
$13.9M
Rural/Urban
Urban
Congressional District
MD-03

Loan Use Breakdown

Payroll
$486,500
Rent
$32,000
Utilities
$9,000
Health Care
$25,000
Debt Interest
$4,000

Lender Information

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

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