PPP Loan information for Daycon products company, inc

$2,725,700

Daycon products company, inc was initially approved for PPP Loan of amount $2,725,700, the current approved amount is $2,725,700. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 174 jobs and $2,725,700 was used to fund payroll.

Daycon products company, inc is Existing or more than 2 years old

PPP Loan Search / MD / Upper Marlboro / Daycon products company, inc

DAYCON PRODUCTS COMPANY, INC

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

DAYCON PRODUCTS COMPANY, INC

Borrower Address

16001 Trade Zone Avenue

Borrower City

Upper Marlboro

Borrower State

MD

Borrower Zip

20774

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2725700.00

Current Approval Amount

2725700.00

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

Upper Marlboro

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20774-1000

CD

MD-05

Jobs Reported

174

NAICS Code

423850

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

260000.00

Payroll Proceed

2020700.00

Mortgage Interest Proceed

0.00

Rent Proceed

250000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

195000.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2759005.81

Forgiveness Date

07/14/2021

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