PPP Loan information for Patuxent materials inc

$1,081,600

Patuxent materials inc was initially approved for PPP Loan of amount $1,081,600, the current approved amount is $1,081,600. The loan was approved on 04/07/2020 by The Atlantic Union Bank reported 70 jobs and $1,081,600 was used to fund payroll.

Patuxent materials inc is Existing or more than 2 years old

PPP Loan Search / MD / CROFTON / Patuxent materials inc

PATUXENT MATERIALS INC

Date Approved

04/07/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

PATUXENT MATERIALS INC

Borrower Address

2124 PRIEST BRIDGE DR Suite 18

Borrower City

CROFTON

Borrower State

MD

Borrower Zip

21114-2423

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1081600.00

Current Approval Amount

1081600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CROFTON

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21114-2423

CD

MD-05

Jobs Reported

70

NAICS Code

423320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1081600.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1087759.11

Forgiveness Date

11/05/2020

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