PPP Loan information for Manufacturing engineering systems, inc

$1,305,128

Manufacturing engineering systems, inc was initially approved for PPP Loan of amount $1,305,128, the current approved amount is $1,305,128. The loan was approved on 04/15/2020 by The Sandy Spring Bank reported 262 jobs and $1,305,128 was used to fund payroll.

Manufacturing engineering systems, inc is Existing or more than 2 years old

PPP Loan Search / MD / ROCKVILLE / Manufacturing engineering systems, inc

MANUFACTURING ENGINEERING SYSTEMS, INC

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

MANUFACTURING ENGINEERING SYSTEMS, INC

Borrower Address

30 WEST GUDE DRIVE

Borrower City

ROCKVILLE

Borrower State

MD

Borrower Zip

20850

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1305128.00

Current Approval Amount

1305128.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKVILLE

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20850-1100

CD

MD-08

Jobs Reported

262

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

326282.00

Payroll Proceed

978846.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1320324.70

Forgiveness Date

06/22/2021

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