PPP Loan information for Powercom electric inc

$112,500

Powercom electric inc was initially approved for PPP Loan of amount $112,500, the current approved amount is $112,500. The loan was approved on 02/10/2021 by The Manufacturers and Traders Trust Company reported 9 jobs and $112,500 was used to fund payroll.

Powercom electric inc is Existing or more than 2 years old

PPP Loan Search / MD / Severn / Powercom electric inc

POWERCOM ELECTRIC INC

Date Approved

02/10/2021

SBA Office Code

0373

Processing Method

PPP

Borrower Name

POWERCOM ELECTRIC INC

Borrower Address

8122 Quarterfield Rd

Borrower City

Severn

Borrower State

MD

Borrower Zip

21144-2758

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

112500.00

Current Approval Amount

112500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Severn

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21144-2758

CD

MD-03

Jobs Reported

9

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

112496.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

103061.64

Forgiveness Date

09/01/2021

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