PPP Loan information for Sonco worldwide inc

$1,757,572

Sonco worldwide inc was initially approved for PPP Loan of amount $1,757,572, the current approved amount is $1,757,572. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 131 jobs and $1,757,572 was used to fund payroll.

Sonco worldwide inc is Existing or more than 2 years old

PPP Loan Search / MD / Beltsville / Sonco worldwide inc

SONCO WORLDWIDE INC

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

SONCO WORLDWIDE INC

Borrower Address

6500 Ammendale Road

Borrower City

Beltsville

Borrower State

MD

Borrower Zip

20705

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1757572.00

Current Approval Amount

1757572.00

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

Beltsville

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20705-1000

CD

MD-04

Jobs Reported

131

NAICS Code

423510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

1487572.00

Mortgage Interest Proceed

0.00

Rent Proceed

80000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

90000.00

Debt Interest Proceed

80000

Business Type

Sole Proprietorship

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

1769032.33

Forgiveness Date

12/17/2020

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