Alliance Material Handling Employee Stock Ownership Program

$2,670,773 PPP Loan in Jessup, Maryland

Loan Details

Loan Number
9261417107
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$2,670,773
Current Approval
$2,670,773
Forgiveness Amount
$2,700,481
Forgiveness Date
Jun 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Alliance Material Handling Employee Stock Ownership Program
Address
8320 Sherwick Ct
City
Jessup
ZIP Code
20794
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
99
Estimated Revenue
$30.3M
Rural/Urban
Urban
Congressional District
MD-03

Loan Use Breakdown

Payroll
$2,205,869
Rent
$209,271
Utilities
$19,601
Health Care
$236,032

Lender Information

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

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