Tobacco Technology, Inc.

$1,199,200 PPP Loan in Eldersburg, Maryland

Loan Details

Loan Number
9281657106
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,199,200
Current Approval
$1,049,900
Forgiveness Amount
$1,062,873
Forgiveness Date
Jul 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Tobacco Technology, Inc.
Address
600 Liberty Road
ZIP Code
21784
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (311930)
Business Age
Existing or more than 2 years old
Jobs Reported
60
Estimated Revenue
$21.2M
Rural/Urban
Rural
Congressional District
MD-02

Loan Use Breakdown

Payroll
$839,920
Rent
$35,000
Utilities
$16,880
Health Care
$126,000
Mortgage Interest
$19,300
Debt Interest
$12,800

Lender Information

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

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