PPP Loan information for Ellsworth electric, inc.

$1,756,662

Ellsworth electric, inc. was initially approved for PPP Loan of amount $1,845,000, the current approved amount is $1,756,662. The loan was approved on 04/06/2020 by The Middletown Valley Bank reported 112 jobs and $1,756,662 was used to fund payroll.

Ellsworth electric, inc. is Existing or more than 2 years old

ELLSWORTH ELECTRIC, INC.

Date Approved

04/06/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

ELLSWORTH ELECTRIC, INC.

Borrower Address

88 West Lee Street

Borrower City

HAGERSTOWN

Borrower State

MD

Borrower Zip

21740-6031

Loan Status Date

11/13/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1845000.00

Current Approval Amount

1756662.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30754

Servicing Lender Name

Middletown Valley Bank

Servicing Lender Address

24 W Main St

Servicing Lender City

MIDDLETOWN

Servicing Lender State

MD

Servicing Lender Zip

21769-8005

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HAGERSTOWN

Project County Name

WASHINGTON

Project State

MD

Project Zip

21740-6031

CD

MD-06

Jobs Reported

112

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1756662.00

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

30754

Originating Lender

Middletown Valley Bank

Originating Lender City

MIDDLETOWN

Originating Lender State

MD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1855352.50

Forgiveness Date

11/03/2020

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