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PPP Loan Data — MSD Services Inc,
Ellicott City, MD
MSD Services Inc
Entity: Corporation
Industry: New Multifamily Housing Construction (except For-Sale Builders)
Location: Ellicott City, MD
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MSD Services Inc is a corporation located in Ellicott City, Maryland that received a Coronavirus-related PPP loan from the SBA of $5,612.00 in February, 2021.
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PPP Loan Information
Loan #2687138500
Loan Size:
Jobs Retained:
1Loan Approved:
2021-02-22Loan Status:
Paid in Full or ForgivenLender:
Cross River BankMSD Services Inc in Ellicott City, MD received a Paycheck Protection Loan of $5,612 through Cross River Bank, which was approved in February, 2021.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in September, 2021.
Reported PPP Proceed Usage:
On the PPP application, MSD Services Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $5,612
Business Information - MSD Services Inc in Ellicott City, MD
Ellicott City, MD
* Full address is redacted to protect the privacy of individuals.
Business Industry:
New Multifamily Housing Construction (except For-Sale Builders)
NAICS code 236116
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Similar Companies near Ellicott City
In the Ellicott City area, 5 businesses in the "New Multifamily Housing Construction (except For-Sale Builders)" industry received a PPP loan. These local businesses reported an average of 100 employees (compared to this company's 1) and received an average PPP loan of $1,395,301 (compared to this company's $5,612).
Similar Nearby Businesses Who Received PPP Funding:
Harkins Builders Esop
Columbia, MD
Harkins Builders Inc
Columbia, MD
Definition Painting Services, Inc
Columbia, MD
Industry PPP Comparison Statistics
Nationwide, 12,922 businesses in the "New Multifamily Housing Construction (except For-Sale Builders)" industry received a total of $1.1B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 8 employees, 700% higher than MSD Services Inc's reported 1 employees, and received an average PPP loan of $84,892, 1413% higher than this company's loan of $5,612.
MSD Services Inc
Entity: Corporation
Industry: New Multifamily Housing Construction (except For-Sale Builders)
Location: Ellicott City, MD
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•
Search All PPP Data
MSD Services Inc is a corporation located in Ellicott City, Maryland that received a Coronavirus-related PPP loan from the SBA of $6,265.00 in May, 2020.
$
PPP Loan Information
Loan #7062397406
Loan Size:
Jobs Retained:
1Loan Approved:
2020-05-15Loan Status:
Paid in Full or ForgivenLender:
Quontic BankMSD Services Inc in Ellicott City, MD received a Paycheck Protection Loan of $6,265 through Quontic Bank, which was approved in May, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in July, 2021.
Reported PPP Proceed Usage:
On the PPP application, MSD Services Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $6,265
Business Information - MSD Services Inc in Ellicott City, MD
Ellicott City, MD
* Full address is redacted to protect the privacy of individuals.
Business Industry:
New Multifamily Housing Construction (except For-Sale Builders)
NAICS code 236116
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age:
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Similar Companies near Ellicott City
In the Ellicott City area, 5 businesses in the "New Multifamily Housing Construction (except For-Sale Builders)" industry received a PPP loan. These local businesses reported an average of 100 employees (compared to this company's 1) and received an average PPP loan of $1,395,301 (compared to this company's $6,265).
Similar Nearby Businesses Who Received PPP Funding:
Harkins Builders Esop
Columbia, MD
Harkins Builders Inc
Columbia, MD
Definition Painting Services, Inc
Columbia, MD
Industry PPP Comparison Statistics
Nationwide, 12,922 businesses in the "New Multifamily Housing Construction (except For-Sale Builders)" industry received a total of $1.1B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 8 employees, 700% higher than MSD Services Inc's reported 1 employees, and received an average PPP loan of $84,892, 1255% higher than this company's loan of $6,265.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.
All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
Footnotes & Information
1. Estimations for informational purposes only. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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