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Shore Distributors,inc.

$809,412 PPP Loan in Salisbury, Maryland

Loan Details

Loan Number
8547007103
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$809,412
Current Approval
$809,412
Forgiveness Amount
$813,515
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Shore Distributors,inc.
Address
807 Brown St.
City
Salisbury
State
Maryland
ZIP Code
21804
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423730)
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
$13.8M
Rural/Urban
Urban
Congressional District
MD-01

Loan Use Breakdown

Payroll
$559,412
Rent
$150,000
Utilities
$15,000
Health Care
$80,000
Debt Interest
$5,000

Lender Information

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

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