PPP Loan information for B&l electric co. inc.

$194,100

B&l electric co. inc. was initially approved for PPP Loan of amount $194,100, the current approved amount is $194,100. The loan was approved on 05/06/2020 by The Truist Bank reported 18 jobs and $194,100 was used to fund payroll.

B&l electric co. inc. is Existing or more than 2 years old

PPP Loan Search / MD / ARNOLD / B&l electric co. inc.

B&L ELECTRIC CO. INC.

Date Approved

05/06/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

B&L ELECTRIC CO. INC.

Borrower Address

1197 Baltimore Annapolis Blvd

Borrower City

ARNOLD

Borrower State

MD

Borrower Zip

21012-1890

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

194100.00

Current Approval Amount

194100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Severna Park

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21146-0001

CD

MD-03

Jobs Reported

18

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

194100.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

195474.88

Forgiveness Date

01/25/2021

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