Hancock & Albanese, Inc.

$353,500 PPP Loan in Elkridge, Maryland

Loan Details

Loan Number
9031057100
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$353,500
Current Approval
$353,500
Forgiveness Amount
$356,338
Forgiveness Date
Feb 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hancock & Albanese, Inc.
Address
6600 Santa Barbara Road
ZIP Code
21075
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$27.3M
Rural/Urban
Urban
Congressional District
MD-03

Loan Use Breakdown

Payroll
$269,425
Rent
$45,796
Utilities
$2,100
Health Care
$34,679
Debt Interest
$1,500

Lender Information

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

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