PPP Loan information for Taylor equipment distributors, inc.

$679,400

Taylor equipment distributors, inc. was initially approved for PPP Loan of amount $679,400, the current approved amount is $679,400. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 40 jobs and $679,400 was used to fund payroll.

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

TAYLOR EQUIPMENT DISTRIBUTORS, INC.

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

TAYLOR EQUIPMENT DISTRIBUTORS, INC.

Borrower Address

1595 Cabin Branch Drive

Borrower City

Hyattsville

Borrower State

MD

Borrower Zip

20785

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

679400.00

Current Approval Amount

679400.00

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

Hyattsville

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20785-0201

CD

MD-04

Jobs Reported

40

NAICS Code

423740

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3800.00

Payroll Proceed

582600.00

Mortgage Interest Proceed

0.00

Rent Proceed

50000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

43000.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

685914.79

Forgiveness Date

04/15/2021

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