PPP Loan information for Walter electric llc

$690,860

Walter electric llc was initially approved for PPP Loan of amount $690,860, the current approved amount is $690,860. The loan was approved on 04/07/2020 by The Sandy Spring Bank reported 69 jobs and $690,860 was used to fund payroll.

Walter electric llc is Existing or more than 2 years old

PPP Loan Search / MD / GLEN BURNIE / Walter electric llc

WALTER ELECTRIC LLC

Date Approved

04/07/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

WALTER ELECTRIC LLC

Borrower Address

530 McCormick Drive #Q

Borrower City

GLEN BURNIE

Borrower State

MD

Borrower Zip

21061-3204

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

690860.00

Current Approval Amount

690860.00

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

GLEN BURNIE

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21061-3204

CD

MD-03

Jobs Reported

69

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4295.88

Payroll Proceed

667811.30

Mortgage Interest Proceed

0.00

Rent Proceed

18752.82

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

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

696727.58

Forgiveness Date

02/25/2021

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