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Belair Produce Inc.

$999,500 PPP Loan in Hanover, Maryland

Loan Details

Loan Number
9267147110
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$999,500
Current Approval
$999,500
Forgiveness Amount
$1,009,276
Forgiveness Date
Apr 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Belair Produce Inc.
Address
7226 Parkway Drive
City
Hanover
State
Maryland
ZIP Code
21076
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424480)
Business Age
Existing or more than 2 years old
Jobs Reported
62
Estimated Revenue
$16.0M
Rural/Urban
Urban
Congressional District
MD-03

Loan Use Breakdown

Payroll
$799,995
Rent
$26,000
Utilities
$25,000
Health Care
$60,000
Debt Interest
$88,505

Lender Information

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

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