Waugh Chapel Wines, INC

$42,500 PPP Loan in Gambrills, Maryland

Loan Details

Loan Number
8207267202
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$42,500
Current Approval
$42,500
Forgiveness Amount
$42,922
Forgiveness Date
Apr 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Waugh Chapel Wines, INC
Address
2646 Chapel Lake Drive
ZIP Code
21054
Business Type
Corporation
Industry (NAICS)
Retail Trade (445310)
Business Age
New Business or 2 years or less
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MD-05

Loan Use Breakdown

Payroll
$23,282
Rent
$18,500
Utilities
$718

Lender Information

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

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