PPP Loan information for Phelps industrial products llc

$147,592

Phelps industrial products llc was initially approved for PPP Loan of amount $147,592, the current approved amount is $147,592. The loan was approved on 02/03/2021 by The Manufacturers and Traders Trust Company reported 12 jobs and $147,592 was used to fund payroll.

Phelps industrial products llc is Existing or more than 2 years old

PHELPS INDUSTRIAL PRODUCTS LLC

Date Approved

02/03/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

PHELPS INDUSTRIAL PRODUCTS LLC

Borrower Address

9590 Lynn Buff Ct Ste 9

Borrower City

Laurel

Borrower State

MD

Borrower Zip

20723-6311

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

147592.00

Current Approval Amount

147592.00

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

Laurel

Project County Name

HOWARD

Project State

MD

Project Zip

20723-6311

CD

MD-03

Jobs Reported

12

NAICS Code

339991

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

147587.00

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

Limited Liability Company(LLC)

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

148263.24

Forgiveness Date

07/21/2021

;