CONTRACTORS MATERIALS, LLC (DE) - 2020 PPP Loan Borrower Profile (# 2264557205)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CONTRACTORS MATERIALS, LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Delaware.

Loan Detail

Loan Number

2264557205

SBA Office Code

0341

Processing Method

PPP

Curent Loan Amount

$267,070

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$268,606.57

Date Loan was Forgiven

Nov 23, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

7,140

Payroll Proced

224,930

Mortgage Interest Proceed

10,000

Rent Proceed

Refinance EIDL Proceed

Health Care Proceed

25,000

Debt Interest Proceed

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

238990

Borrower Location

New Castle, DE

Project Location

New Castle, DE

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.