Sonco Worldwide INC
$1,757,572 PPP Loan in Beltsville, Maryland
Loan Details
- Loan Number
- 9052307102
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,757,572
- Current Approval
- $1,757,572
- Forgiveness Amount
- $1,769,032
- Forgiveness Date
- Dec 17, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Sonco Worldwide INC
- Address
- 6500 Ammendale Road
- City
- Beltsville
- State
- Maryland
- ZIP Code
- 20705
- Business Type
- Sole Proprietorship
- Industry (NAICS)
- Wholesale Trade (423510)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 131
- Estimated Revenue
- $40.1M
- Rural/Urban
- Urban
- Congressional District
- MD-04
Loan Use Breakdown
- Payroll
- $1,487,572
- Rent
- $80,000
- Utilities
- $20,000
- Health Care
- $90,000
- Debt Interest
- $80,000
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
Other PPP Loans in Beltsville, MD
| Business | Approved | |
|---|---|---|
| Stromberg Metal Works, Inc. | $4,347,624 | |
| Pcm Services, INC | $3,213,865 | |
| Pella Mid-Atlantic INC | $2,967,932 | |
| Compass, Inc. | $2,857,000 | |
| Frontline Community Service INC | $2,500,000 |
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