PPP Loan information for Olympic electric, llc

$62,500

Olympic electric, llc was initially approved for PPP Loan of amount $62,500, the current approved amount is $62,500. The loan was approved on 02/12/2021 by The Readycap Lending, LLC reported 6 jobs and $62,500 was used to fund payroll.

Olympic electric, llc is Existing or more than 2 years old

PPP Loan Search / MD / Beltsville / Olympic electric, llc

OLYMPIC ELECTRIC, LLC

Date Approved

02/12/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

OLYMPIC ELECTRIC, LLC

Borrower Address

11591 Edmonston Rd

Borrower City

Beltsville

Borrower State

MD

Borrower Zip

20705-1737

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62500.00

Current Approval Amount

62500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Beltsville

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20705-1737

CD

MD-04

Jobs Reported

6

NAICS Code

238990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

62498.00

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

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

62941.78

Forgiveness Date

11/10/2021

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