PPP Loan information for Central electric inc

$15,625

Central electric inc was initially approved for PPP Loan of amount $15,625, the current approved amount is $15,625. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 1 jobs and $15,625 was used to fund payroll.

Central electric inc is New Business or 2 years or less

PPP Loan Search / MD / SEVERN / Central electric inc

CENTRAL ELECTRIC INC

Date Approved

05/01/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

CENTRAL ELECTRIC INC

Borrower Address

8505 NEW CUT RD

Borrower City

SEVERN

Borrower State

MD

Borrower Zip

21144-3304

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15625.00

Current Approval Amount

15625.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SEVERN

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21144-3304

CD

MD-03

Jobs Reported

1

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

15625.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

15746.15

Forgiveness Date

02/12/2021

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