PPP Loan information for Powermeans electrical contracting inc

$176,325

Powermeans electrical contracting inc was initially approved for PPP Loan of amount $176,325, the current approved amount is $176,325. The loan was approved on 04/09/2020 by The Sandy Spring Bank reported 14 jobs and $176,325 was used to fund payroll.

Powermeans electrical contracting inc is Existing or more than 2 years old

PPP Loan Search / MD / ANNAPOLIS / Powermeans electrical contracting inc

POWERMEANS ELECTRICAL CONTRACTING INC

Date Approved

04/09/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

POWERMEANS ELECTRICAL CONTRACTING INC

Borrower Address

1798 Margaret Avenue Unit A

Borrower City

ANNAPOLIS

Borrower State

MD

Borrower Zip

21401-4114

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

176325.00

Current Approval Amount

176325.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANNAPOLIS

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21401-4114

CD

MD-03

Jobs Reported

14

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

176325.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

178667.95

Forgiveness Date

08/19/2021

;