PPP Loan information for Old town builders inc

$237,360

Old town builders inc was initially approved for PPP Loan of amount $237,360, the current approved amount is $237,360. The loan was approved on 01/21/2021 by The Manufacturers and Traders Trust Company reported 27 jobs and $237,360 was used to fund payroll.

Old town builders inc is Existing or more than 2 years old

OLD TOWN BUILDERS INC

Date Approved

01/21/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

OLD TOWN BUILDERS INC

Borrower Address

100 Marvel Rd

Borrower City

Salisbury

Borrower State

MD

Borrower Zip

21801-7859

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

237360.00

Current Approval Amount

237360.00

Undisbursed Amount

0.00

Franchise Name

Paul Davis Restoration

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

N

Business Age Description

Existing or more than 2 years old

Project City

Salisbury

Project County Name

WICOMICO

Project State

MD

Project Zip

21801-7859

CD

MD-01

Jobs Reported

27

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

237357.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

239401.95

Forgiveness Date

12/08/2021

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