PPP Loan information for Beneficial electric

$213,760

Beneficial electric was initially approved for PPP Loan of amount $213,760, the current approved amount is $213,760. The loan was approved on 03/13/2021 by The Manufacturers and Traders Trust Company reported 25 jobs and $213,760 was used to fund payroll.

Beneficial electric is Existing or more than 2 years old

BENEFICIAL ELECTRIC

Date Approved

03/13/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

BENEFICIAL ELECTRIC

Borrower Address

2 Pelhamdale Cir

Borrower City

Elkton

Borrower State

MD

Borrower Zip

21921-6382

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

213760.00

Current Approval Amount

213760.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elkton

Project County Name

CECIL

Project State

MD

Project Zip

21921-6382

CD

MD-01

Jobs Reported

25

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

213759.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;