Herman/stewart Construction and Development, Inc.

$1,210,100 PPP Loan in Lanham, Maryland

Loan Details

Loan Number
9974237210
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$1,210,100
Current Approval
$1,210,100
Forgiveness Amount
$1,217,725
Forgiveness Date
Dec 28, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Herman/stewart Construction and Development, Inc.
Address
4550 Forbes Boulevard Suite 200
City
Lanham
ZIP Code
20706
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
67
Estimated Revenue
$76.3M
Rural/Urban
Urban
Congressional District
MD-04

Loan Use Breakdown

Payroll
$968,130
Rent
$58,390
Health Care
$33,300
Debt Interest
$150,280

Lender Information

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

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