PPP Loan information for Bausum & duckett electric llc

$937,500

Bausum & duckett electric llc was initially approved for PPP Loan of amount $937,500, the current approved amount is $937,500. The loan was approved on 02/03/2021 by The Manufacturers and Traders Trust Company reported 68 jobs and $937,500 was used to fund payroll.

Bausum & duckett electric llc is Existing or more than 2 years old

BAUSUM & DUCKETT ELECTRIC LLC

Date Approved

02/03/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

BAUSUM & DUCKETT ELECTRIC LLC

Borrower Address

3481 Pike Ridge Rd

Borrower City

Edgewater

Borrower State

MD

Borrower Zip

21037-2205

Loan Status Date

03/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

937500.00

Current Approval Amount

937500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Edgewater

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21037-2205

CD

MD-05

Jobs Reported

68

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

937498.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

947337.33

Forgiveness Date

02/23/2022

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