PPP Loan information for Patton electronics company

$797,957

Patton electronics company was initially approved for PPP Loan of amount $797,957, the current approved amount is $797,957. The loan was approved on 02/11/2021 by The Manufacturers and Traders Trust Company reported 50 jobs and $797,957 was used to fund payroll.

Patton electronics company is Existing or more than 2 years old

PPP Loan Search / MD / Gaithersburg / Patton electronics company

PATTON ELECTRONICS COMPANY

Date Approved

02/11/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

PATTON ELECTRONICS COMPANY

Borrower Address

7622 Rickenbacker Dr

Borrower City

Gaithersburg

Borrower State

MD

Borrower Zip

20879-4773

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

797957.00

Current Approval Amount

797957.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Gaithersburg

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20879-4773

CD

MD-08

Jobs Reported

50

NAICS Code

334118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

797952.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

804646.72

Forgiveness Date

12/21/2021

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