M.L. JOSEPH SAND & GRAVEL CO., INC. (DE) - 2020 PPP Loan Borrower Profile (# 1492787201)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to M.L. JOSEPH SAND & GRAVEL CO., INC.. 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
1492787201
SBA Office Code
0341
Processing Method
PPP
Curent Loan Amount
$216,760
Date Loan was Approved
Apr 15, 2020
Amount Forgiven
$218,434.69
Date Loan was Forgiven
Feb 1, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
12,000
Payroll Proced
180,550
Mortgage Interest Proceed
0
Rent Proceed
0
Refinance EIDL Proceed
0
Health Care Proceed
12,000
Debt Interest Proceed
12,210
Lender
Manufacturers and Traders Trust Company

Business Detail

Business Type
Non-Profit Organization
NAICS
212321
Borrower Location
Georgetown, DE
Project Location
Georgetown, DE
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
18
Business Age Description
Existing or more than 2 years old
Data Source: SBA.