PPP Loan information for Electrico inc

$2,092,000

Electrico inc was initially approved for PPP Loan of amount $2,092,000, the current approved amount is $2,092,000. The loan was approved on 04/14/2020 by The PNC Bank, National Association reported 116 jobs and $2,092,000 was used to fund payroll.

Electrico inc is Existing or more than 2 years old

PPP Loan Search / MD / BALTIMORE / Electrico inc

ELECTRICO INC

Date Approved

04/14/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

ELECTRICO INC

Borrower Address

1300 RACQUET RD

Borrower City

BALTIMORE

Borrower State

MD

Borrower Zip

21209-2139

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2092000.00

Current Approval Amount

2092000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BALTIMORE

Project County Name

BALTIMORE

Project State

MD

Project Zip

21209-2139

CD

MD-02

Jobs Reported

116

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2092000.00

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

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2116058.00

Forgiveness Date

06/11/2021

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