PPP Loan information for Brown electric inc.

$382,002

Brown electric inc. was initially approved for PPP Loan of amount $382,002, the current approved amount is $382,002. The loan was approved on 01/28/2021 by The WesBanco Bank, Inc. reported 22 jobs and $382,002 was used to fund payroll.

Brown electric inc. is Existing or more than 2 years old

PPP Loan Search / MD / Accokeek / Brown electric inc.

BROWN ELECTRIC INC.

Date Approved

01/28/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

BROWN ELECTRIC INC.

Borrower Address

17450 Indian Head Hwy Ste 100

Borrower City

Accokeek

Borrower State

MD

Borrower Zip

20607-2504

Loan Status Date

05/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

382002.00

Current Approval Amount

382002.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Accokeek

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20607-2504

CD

MD-05

Jobs Reported

22

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

381997.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

386502.30

Forgiveness Date

04/06/2022

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