Manufacturing Engineering Systems, INC

$1,305,128 PPP Loan in Rockville, Maryland

Loan Details

Loan Number
9107817100
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,305,128
Current Approval
$1,305,128
Forgiveness Amount
$1,320,325
Forgiveness Date
Jun 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Manufacturing Engineering Systems, INC
Address
30 West Gude Drive
ZIP Code
20850
Business Type
Corporation
Industry (NAICS)
Educational Services (611710)
Business Age
Existing or more than 2 years old
Jobs Reported
262
Estimated Revenue
$34.9M
Rural/Urban
Urban
Congressional District
MD-08

Loan Use Breakdown

Payroll
$978,846
Utilities
$326,282

Lender Information

Servicing Lender
Sandy Spring Bank
Originating Lender
Sandy Spring Bank

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