PPP Loan information for Direct machinery

$37,300

Direct machinery was initially approved for PPP Loan of amount $37,300, the current approved amount is $37,300. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 6 jobs and $37,300 was used to fund payroll.

Direct machinery is Existing or more than 2 years old

DIRECT MACHINERY

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

DIRECT MACHINERY

Borrower Address

5284 Grovemont Drive

Borrower City

Elkridge

Borrower State

MD

Borrower Zip

21075

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37300.00

Current Approval Amount

37300.00

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

Elkridge

Project County Name

HOWARD

Project State

MD

Project Zip

21075-0001

CD

MD-03

Jobs Reported

6

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

29831.00

Mortgage Interest Proceed

0.00

Rent Proceed

7469.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

37566.72

Forgiveness Date

01/08/2021

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