Boatman and Magnani Inc.

$994,615 PPP Loan in Capitol Heights, Maryland

Loan Details

Loan Number
8545547108
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$994,615
Current Approval
$994,615
Forgiveness Amount
$1,000,793
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Boatman and Magnani Inc.
Address
600 Ritchie Road
ZIP Code
20743
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238340)
Business Age
Existing or more than 2 years old
Jobs Reported
64
Estimated Revenue
$16.2M
Rural/Urban
Urban
Congressional District
MD-04

Loan Use Breakdown

Payroll
$840,115
Rent
$19,500
Utilities
$12,000
Health Care
$123,000

Lender Information

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

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