Daycon Products Company, INC

$2,725,700 PPP Loan in Upper Marlboro, Maryland

Loan Details

Loan Number
8136947109
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$2,725,700
Current Approval
$2,725,700
Forgiveness Amount
$2,759,006
Forgiveness Date
Jul 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Daycon Products Company, INC
Address
16001 Trade Zone Avenue
ZIP Code
20774
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423850)
Business Age
Existing or more than 2 years old
Jobs Reported
174
Estimated Revenue
$53.3M
Rural/Urban
Urban
Congressional District
MD-05

Loan Use Breakdown

Payroll
$2,020,700
Rent
$250,000
Utilities
$260,000
Health Care
$195,000

Lender Information

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

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