PPP Loan information for Forestville welding & iron works, inc

$231,900

Forestville welding & iron works, inc was initially approved for PPP Loan of amount $231,900, the current approved amount is $231,900. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 18 jobs and $231,900 was used to fund payroll.

Forestville welding & iron works, inc is Existing or more than 2 years old

FORESTVILLE WELDING & IRON WORKS, INC

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

FORESTVILLE WELDING & IRON WORKS, INC

Borrower Address

8335 Old Marlboro Pike

Borrower City

Upper Marlboro

Borrower State

MD

Borrower Zip

20772

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

231900.00

Current Approval Amount

231900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Upper Marlboro

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20772-2032

CD

MD-05

Jobs Reported

18

NAICS Code

332999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1100.00

Payroll Proceed

214339.00

Mortgage Interest Proceed

0.00

Rent Proceed

13000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3461.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

233418.47

Forgiveness Date

12/21/2020

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