PPP Loan information for T.h.e. electric co inc

$53,690

T.h.e. electric co inc was initially approved for PPP Loan of amount $53,690, the current approved amount is $53,690. The loan was approved on 05/18/2020 by The WesBanco Bank, Inc. reported 6 jobs and $53,690 was used to fund payroll.

T.h.e. electric co inc is New Business or 2 years or less

PPP Loan Search / MD / WALDORF / T.h.e. electric co inc

T.H.E. ELECTRIC CO INC

Date Approved

05/18/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

T.H.E. ELECTRIC CO INC

Borrower Address

12402 WALDORF BUSINESS SQUARE CTR

Borrower City

WALDORF

Borrower State

MD

Borrower Zip

20604

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53690.00

Current Approval Amount

53690.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75497

Servicing Lender Name

WesBanco Bank, Inc.

Servicing Lender Address

1 Bank Plz

Servicing Lender City

WHEELING

Servicing Lender State

WV

Servicing Lender Zip

26003-3543

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

WALDORF

Project County Name

CHARLES

Project State

MD

Project Zip

20604-0001

CD

MD-05

Jobs Reported

6

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

53690.00

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

75497

Originating Lender

WesBanco Bank, Inc.

Originating Lender City

WHEELING

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

54190.13

Forgiveness Date

04/26/2021

;