Shannahan Water Company, Inc.
$885,525 PPP Loan in Salisbury, Maryland
Loan Details
- Loan Number
- 8993137107
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $885,525
- Current Approval
- $885,525
- Forgiveness Amount
- $896,903
- Forgiveness Date
- Aug 4, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Shannahan Water Company, Inc.
- Address
- 129 Columbia Drive
- City
- Salisbury
- State
- Maryland
- ZIP Code
- 21801
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Utilities (221310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 60
- Estimated Revenue
- N/A
- Rural/Urban
- Urban
- Congressional District
- MD-01
Loan Use Breakdown
- Payroll
- $793,214
- Rent
- $10,000
- Utilities
- $12,205
- Health Care
- $49,066
- Mortgage Interest
- $14,727
- Debt Interest
- $6,313
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
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