Melvin L Joseph Construction Company, INC

$776,345 PPP Loan in Georgetown, Delaware

Loan Details

Loan Number
8269477103
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$776,345
Current Approval
$776,345
Forgiveness Amount
$782,662
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Melvin L Joseph Construction Company, INC
Address
25136 Dupont Boulevard
ZIP Code
19947
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238910)
Business Age
Existing or more than 2 years old
Jobs Reported
68
Estimated Revenue
$25.5M
Rural/Urban
Rural
Congressional District
DE-

Loan Use Breakdown

Payroll
$690,345
Utilities
$11,000
Health Care
$63,000
Debt Interest
$12,000

Lender Information

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

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