PPP Loan information for The maryland and delaware railroad

$182,000

The maryland and delaware railroad was initially approved for PPP Loan of amount $182,000, the current approved amount is $182,000. The loan was approved on 04/09/2020 by The Truist Bank reported 15 jobs and $182,000 was used to fund payroll.

The maryland and delaware railroad is Existing or more than 2 years old

THE MARYLAND AND DELAWARE RAILROAD

Date Approved

04/09/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

THE MARYLAND AND DELAWARE RAILROAD

Borrower Address

106 RAILROAD AVE

Borrower City

FEDERALSBURG

Borrower State

MD

Borrower Zip

21632-1407

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

182000.00

Current Approval Amount

182000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FEDERALSBURG

Project County Name

CAROLINE

Project State

MD

Project Zip

21632-1407

CD

MD-01

Jobs Reported

15

NAICS Code

482111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

182000.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

183557.11

Forgiveness Date

02/25/2021

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