Forestville Welding & Iron Works, INC

$231,900 PPP Loan in Upper Marlboro, Maryland

Loan Details

Loan Number
9194057105
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$231,900
Current Approval
$231,900
Forgiveness Amount
$233,418
Forgiveness Date
Dec 21, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Forestville Welding & Iron Works, INC
Address
8335 Old Marlboro Pike
ZIP Code
20772
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MD-05

Loan Use Breakdown

Payroll
$214,339
Rent
$13,000
Utilities
$1,100
Health Care
$3,461

Lender Information

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

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