PPP Loan information for Patuxent roofing and contracting inc

$816,000

Patuxent roofing and contracting inc was initially approved for PPP Loan of amount $816,418, the current approved amount is $816,000. The loan was approved on 04/09/2020 by The Truist Bank reported 57 jobs and $816,000 was used to fund payroll.

Patuxent roofing and contracting inc is Existing or more than 2 years old

PATUXENT ROOFING AND CONTRACTING INC

Date Approved

04/09/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

PATUXENT ROOFING AND CONTRACTING INC

Borrower Address

50 RITCHIE RD

Borrower City

CAPITOL HEIGHTS

Borrower State

MD

Borrower Zip

20743-3607

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

816418.00

Current Approval Amount

816000.00

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

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAPITOL HEIGHTS

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20743-3607

CD

MD-04

Jobs Reported

57

NAICS Code

238160

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

816000.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

822346.67

Forgiveness Date

01/26/2021

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