PPP Loan information for Shore distributors,inc.

$809,412

Shore distributors,inc. was initially approved for PPP Loan of amount $809,412, the current approved amount is $809,412. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 45 jobs and $809,412 was used to fund payroll.

Shore distributors,inc. is Existing or more than 2 years old

PPP Loan Search / MD / Salisbury / Shore distributors,inc.

SHORE DISTRIBUTORS,INC.

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

SHORE DISTRIBUTORS,INC.

Borrower Address

807 Brown St.

Borrower City

Salisbury

Borrower State

MD

Borrower Zip

21804

Loan Status Date

03/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

809412.00

Current Approval Amount

809412.00

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

Salisbury

Project County Name

WICOMICO

Project State

MD

Project Zip

21804-0001

CD

MD-01

Jobs Reported

45

NAICS Code

423730

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

559412.00

Mortgage Interest Proceed

0.00

Rent Proceed

150000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

80000.00

Debt Interest Proceed

5000

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

813514.50

Forgiveness Date

11/03/2020

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