Saxon's INC

$371,495 PPP Loan in Bel Air, Maryland

Loan Details

Loan Number
8371947109
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$371,495
Current Approval
$371,495
Forgiveness Amount
$375,943
Forgiveness Date
Jul 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Saxon's INC
Address
217 Baltimore Pike
ZIP Code
21014
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (448310)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$5.5M
Rural/Urban
Urban
Congressional District
MD-01

Loan Use Breakdown

Payroll
$297,196
Rent
$59,000
Utilities
$3,500
Health Care
$7,669
Debt Interest
$4,130

Lender Information

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

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