Skytech, Inc.

$970,655 PPP Loan in Westminster, Maryland

Loan Details

Loan Number
8353087107
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$970,655
Current Approval
$970,655
Forgiveness Amount
$977,064
Forgiveness Date
Dec 21, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Skytech, Inc.
Address
200 Airport Drive
ZIP Code
21157
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441228)
Business Age
Existing or more than 2 years old
Jobs Reported
93
Estimated Revenue
$24.3M
Rural/Urban
Rural
Congressional District
MD-02

Loan Use Breakdown

Payroll
$793,655
Utilities
$19,000
Health Care
$50,000
Mortgage Interest
$108,000

Lender Information

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

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