PPP Loan information for Phelps industrial products, llc

$148,357

Phelps industrial products, llc was initially approved for PPP Loan of amount $148,357, the current approved amount is $148,357. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 12 jobs and $148,357 was used to fund payroll.

Phelps industrial products, llc is Existing or more than 2 years old

PHELPS INDUSTRIAL PRODUCTS, LLC

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

PHELPS INDUSTRIAL PRODUCTS, LLC

Borrower Address

9595 Lynn Buff Court Suite 9

Borrower City

Laurel

Borrower State

MD

Borrower Zip

20723

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

148357.00

Current Approval Amount

148357.00

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

Laurel

Project County Name

HOWARD

Project State

MD

Project Zip

20723-1000

CD

MD-03

Jobs Reported

12

NAICS Code

339991

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

143357.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

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

149389.40

Forgiveness Date

01/07/2021

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