Nai the Michael Companies INC

$602,700 PPP Loan in Lanham, Maryland

Loan Details

Loan Number
8586157105
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$602,700
Current Approval
$602,700
Forgiveness Amount
$609,041
Forgiveness Date
May 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Nai the Michael Companies INC
Address
10100 Business Parkway
City
Lanham
ZIP Code
20706
Business Type
Subchapter S Corporation
Industry (NAICS)
Real Estate and Rental and Leasing (531312)
Business Age
Existing or more than 2 years old
Jobs Reported
37
Estimated Revenue
$5.5M
Rural/Urban
Urban
Congressional District
MD-04

Loan Use Breakdown

Payroll
$547,198
Rent
$17,919
Utilities
$6,000
Health Care
$31,583

Lender Information

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

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