PPP Loan information for Douglas electric & lighting inc.

$1,400,933

Douglas electric & lighting inc. was initially approved for PPP Loan of amount $1,400,933, the current approved amount is $1,400,933. The loan was approved on 01/20/2021 by The WesBanco Bank, Inc. reported 110 jobs and $1,400,933 was used to fund payroll.

Douglas electric & lighting inc. is Existing or more than 2 years old

PPP Loan Search / MD / Hunt Valley / Douglas electric & lighting inc.

DOUGLAS ELECTRIC & LIGHTING INC.

Date Approved

01/20/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

DOUGLAS ELECTRIC & LIGHTING INC.

Borrower Address

11125 Pepper Rd

Borrower City

Hunt Valley

Borrower State

MD

Borrower Zip

21031-1203

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1400932.50

Current Approval Amount

1400932.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75497

Servicing Lender Name

WesBanco Bank, Inc.

Servicing Lender Address

1 Bank Plz

Servicing Lender City

WHEELING

Servicing Lender State

WV

Servicing Lender Zip

26003-3543

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hunt Valley

Project County Name

BALTIMORE

Project State

MD

Project Zip

21031-1203

CD

MD-02

Jobs Reported

110

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1400930.50

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

Subchapter S Corporation

Originating Lender Location Id

75497

Originating Lender

WesBanco Bank, Inc.

Originating Lender City

WHEELING

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1410297.64

Forgiveness Date

09/24/2021

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