PPP Loan information for Young steel inc

$59,155

Young steel inc was initially approved for PPP Loan of amount $59,155, the current approved amount is $59,155. The loan was approved on 02/04/2021 by The Manufacturers and Traders Trust Company reported 7 jobs and $59,155 was used to fund payroll.

Young steel inc is Existing or more than 2 years old

PPP Loan Search / MD / Upper Marlboro / Young steel inc

YOUNG STEEL INC

Date Approved

02/04/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

YOUNG STEEL INC

Borrower Address

8411 Old Marlboro Pike Ste 17

Borrower City

Upper Marlboro

Borrower State

MD

Borrower Zip

20772-2622

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

59155.00

Current Approval Amount

59155.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Upper Marlboro

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20772-2622

CD

MD-05

Jobs Reported

7

NAICS Code

332323

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

59153.00

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

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

59412.50

Forgiveness Date

08/23/2021

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