Taylor Equipment Distributors, Inc.

$679,400 PPP Loan in Hyattsville, Maryland

Loan Details

Loan Number
9096827107
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$679,400
Current Approval
$679,400
Forgiveness Amount
$685,915
Forgiveness Date
Apr 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Taylor Equipment Distributors, Inc.
Address
1595 Cabin Branch Drive
ZIP Code
20785
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423740)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$12.3M
Rural/Urban
Urban
Congressional District
MD-04

Loan Use Breakdown

Payroll
$582,600
Rent
$50,000
Utilities
$3,800
Health Care
$43,000

Lender Information

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

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