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Eastland Food Corporation

$2,080,100 PPP Loan in Jessup, Maryland

Loan Details

Loan Number
9485937109
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$2,080,100
Current Approval
$2,080,100
Forgiveness Amount
$2,103,921
Forgiveness Date
Jun 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Eastland Food Corporation
Address
8305 Stayton Drive Suite C
City
Jessup
State
Maryland
ZIP Code
20794
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424410)
Business Age
Existing or more than 2 years old
Jobs Reported
165
Estimated Revenue
$42.5M
Rural/Urban
Urban
Congressional District
MD-03

Loan Use Breakdown

Payroll
$1,632,964
Rent
$234,435
Utilities
$37,501
Health Care
$175,200

Lender Information

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

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