PPP Loan information for Taylor equipment distributors inc.

$512,500

Taylor equipment distributors inc. was initially approved for PPP Loan of amount $512,500, the current approved amount is $512,500. The loan was approved on 01/22/2021 by The Manufacturers and Traders Trust Company reported 41 jobs and $512,500 was used to fund payroll.

Taylor equipment distributors inc. is Existing or more than 2 years old

PPP Loan Search / MD / Landover / Taylor equipment distributors inc.

TAYLOR EQUIPMENT DISTRIBUTORS INC.

Date Approved

01/22/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

TAYLOR EQUIPMENT DISTRIBUTORS INC.

Borrower Address

1595 Cabin Branch Dr

Borrower City

Landover

Borrower State

MD

Borrower Zip

20785-3816

Loan Status Date

04/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

512500.00

Current Approval Amount

512500.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Landover

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20785-3816

CD

MD-04

Jobs Reported

41

NAICS Code

811310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

512498.00

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

518383.22

Forgiveness Date

03/24/2022

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