PPP Loan information for Southern maryland vocational industries, inc.

$1,299,520

Southern maryland vocational industries, inc. was initially approved for PPP Loan of amount $1,299,520, the current approved amount is $1,299,520. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 191 jobs and $1,299,520 was used to fund payroll.

Southern maryland vocational industries, inc. is Existing or more than 2 years old

SOUTHERN MARYLAND VOCATIONAL INDUSTRIES, INC.

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

SOUTHERN MARYLAND VOCATIONAL INDUSTRIES, INC.

Borrower Address

7704 MATAPEAKE BUSINESS DR SUITE 210

Borrower City

BRANDYWINE

Borrower State

MD

Borrower Zip

20613

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1299520.00

Current Approval Amount

1299520.00

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

BRANDYWINE

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20613-0001

CD

MD-05

Jobs Reported

191

NAICS Code

623990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

19500.00

Payroll Proceed

1220860.00

Mortgage Interest Proceed

5160.00

Rent Proceed

14000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

40000.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

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

Y

Forgiveness Amount

1309488.92

Forgiveness Date

01/29/2021

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