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 04/07/2021 by The WesBanco Bank, Inc. reported 6 jobs and $53,690 was used to fund payroll.

T.h.e. electric co inc is Existing or more than 2 years old

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

T.H.E. ELECTRIC CO INC

Date Approved

04/07/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

T.H.E. ELECTRIC CO INC

Borrower Address

12402 Waldorf Business Sq

Borrower City

Waldorf

Borrower State

MD

Borrower Zip

20601-3192

Loan Status Date

07/14/2022

Loan Status

Paid in Full

Term

60

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Waldorf

Project County Name

CHARLES

Project State

MD

Project Zip

20601-3192

CD

MD-05

Jobs Reported

6

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

53686.00

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

54338.69

Forgiveness Date

06/27/2022

;