PPP Loan information for Bowen electric service inc.

$378,626

Bowen electric service inc. was initially approved for PPP Loan of amount $378,626, the current approved amount is $378,626. The loan was approved on 02/24/2021 by The Sandy Spring Bank reported 34 jobs and $378,626 was used to fund payroll.

Bowen electric service inc. is Existing or more than 2 years old

PPP Loan Search / MD / Gaithersburg / Bowen electric service inc.

BOWEN ELECTRIC SERVICE INC.

Date Approved

02/24/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

BOWEN ELECTRIC SERVICE INC.

Borrower Address

7856 Beechcraft Ave

Borrower City

Gaithersburg

Borrower State

MD

Borrower Zip

20879-1542

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

378626.00

Current Approval Amount

378626.00

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

Gaithersburg

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20879-1542

CD

MD-08

Jobs Reported

34

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

378626.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

381582.39

Forgiveness Date

12/09/2021

;