PPP Loan information for Line - load electrical contractor's inc

$457,810

Line - load electrical contractor's inc was initially approved for PPP Loan of amount $457,810, the current approved amount is $457,810. The loan was approved on 04/11/2020 by The Community Bank of the Chesapeake reported 34 jobs and $457,810 was used to fund payroll.

Line - load electrical contractor's inc is Existing or more than 2 years old

PPP Loan Search / MD / WALDORF / Line - load electrical contractor's inc

LINE - LOAD ELECTRICAL CONTRACTOR'S INC

Date Approved

04/11/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

LINE - LOAD ELECTRICAL CONTRACTOR'S INC

Borrower Address

21 Henry Ford Circle

Borrower City

WALDORF

Borrower State

MD

Borrower Zip

20602-2771

Loan Status Date

04/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

457810.00

Current Approval Amount

457810.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121705

Servicing Lender Name

Community Bank of the Chesapeake

Servicing Lender Address

3035 Leonardtown Rd PO Box 38

Servicing Lender City

Waldorf

Servicing Lender State

MD

Servicing Lender Zip

20601

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WALDORF

Project County Name

CHARLES

Project State

MD

Project Zip

20602-2771

CD

MD-05

Jobs Reported

34

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

457810.00

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

121705

Originating Lender

Community Bank of the Chesapeake

Originating Lender City

Waldorf

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

460970.77

Forgiveness Date

12/30/2020

;