Southern Maryland Vocational Industries, Inc.

$1,299,520 PPP Loan in Brandywine, Maryland

Loan Details

Loan Number
9648557108
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,299,520
Current Approval
$1,299,520
Forgiveness Amount
$1,309,489
Forgiveness Date
Jan 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Southern Maryland Vocational Industries, Inc.
Address
7704 Matapeake Business Dr Suite 210
ZIP Code
20613
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (623990)
Business Age
Existing or more than 2 years old
Jobs Reported
191
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
MD-05

Loan Use Breakdown

Payroll
$1,220,860
Rent
$14,000
Utilities
$19,500
Health Care
$40,000
Mortgage Interest
$5,160

Lender Information

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

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