Selma Inc.

$297,372 PPP Loan in Delmar, Maryland

Loan Details

Loan Number
8556017108
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$297,372
Current Approval
$297,372
Forgiveness Amount
$299,050
Forgiveness Date
Nov 12, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Selma Inc.
Address
8805 Bi State Boulevard
City
Delmar
ZIP Code
21875
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (444190)
Business Age
New Business or 2 years or less
Jobs Reported
26
Estimated Revenue
$5.4M
Rural/Urban
Urban
Congressional District
MD-01

Loan Use Breakdown

Payroll
$234,372
Rent
$8,800
Utilities
$1,200
Health Care
$28,000
Mortgage Interest
$25,000

Lender Information

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

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