PPP Loan information for Scott's electric service

$33,600

Scott's electric service was initially approved for PPP Loan of amount $33,600, the current approved amount is $33,600. The loan was approved on 03/06/2021 by The Readycap Lending, LLC reported 4 jobs and $33,600 was used to fund payroll.

Scott's electric service is Existing or more than 2 years old

PPP Loan Search / MD / Ocean City / Scott's electric service

SCOTT'S ELECTRIC SERVICE

Date Approved

03/06/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

SCOTT'S ELECTRIC SERVICE

Borrower Address

12429 W Torquay Rd 12429 W Torquay Rd

Borrower City

Ocean City

Borrower State

MD

Borrower Zip

21842-9141

Loan Status Date

09/21/2022

Loan Status

Charged Off

Term

40

SBA Guaranty Percentage

100

Initial Approval Amount

33600.00

Current Approval Amount

33600.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ocean City

Project County Name

WORCESTER

Project State

MD

Project Zip

21842-9141

CD

MD-01

Jobs Reported

4

NAICS Code

335122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

33599.00

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

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;