Bal Enterprises INC

$250,055 PPP Loan in Laurel, Maryland

Loan Details

Loan Number
8417697102
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$250,055
Current Approval
$250,055
Forgiveness Amount
$253,234
Forgiveness Date
Aug 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bal Enterprises INC
Address
115 Montrose Avenue
City
Laurel
ZIP Code
20707
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811192)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$7.8M
Rural/Urban
Urban
Congressional District
MD-04

Loan Use Breakdown

Payroll
$200,000
Rent
$42,000
Utilities
$8,055

Lender Information

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

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