Patton Electronics Company
$894,542 PPP Loan in Gaithersburg, Maryland
Loan Details
- Loan Number
- 8933417106
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $894,542
- Current Approval
- $894,542
- Forgiveness Amount
- $902,654
- Forgiveness Date
- Mar 22, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Patton Electronics Company
- Address
- 7622 Rickenbacker Drive
- City
- Gaithersburg
- State
- Maryland
- ZIP Code
- 20879
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (334118)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 54
- Estimated Revenue
- $14.1M
- Rural/Urban
- Urban
- Congressional District
- MD-06
Loan Use Breakdown
- Payroll
- $628,542
- Rent
- $85,000
- Utilities
- $25,000
- Health Care
- $98,000
- Debt Interest
- $58,000
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
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