PPP Loan information for Frederick electric company, llc

$520,120

Frederick electric company, llc was initially approved for PPP Loan of amount $520,120, the current approved amount is $520,120. The loan was approved on 04/27/2020 by The Woodsboro Bank reported 32 jobs and $520,120 was used to fund payroll.

Frederick electric company, llc is Existing or more than 2 years old

PPP Loan Search / MD / Frederick / Frederick electric company, llc

FREDERICK ELECTRIC COMPANY, LLC

Date Approved

04/27/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

FREDERICK ELECTRIC COMPANY, LLC

Borrower Address

1786 North Market Street

Borrower City

Frederick

Borrower State

MD

Borrower Zip

21701

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

520120.00

Current Approval Amount

520120.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30930

Servicing Lender Name

Woodsboro Bank

Servicing Lender Address

5 N Main St

Servicing Lender City

WOODSBORO

Servicing Lender State

MD

Servicing Lender Zip

21798-8816

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Frederick

Project County Name

FREDERICK

Project State

MD

Project Zip

21701-1200

CD

MD-06

Jobs Reported

32

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

520120.00

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

30930

Originating Lender

Woodsboro Bank

Originating Lender City

WOODSBORO

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

524209.71

Forgiveness Date

02/16/2021

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