PPP Loan information for Circle electric inc

$197,080

Circle electric inc was initially approved for PPP Loan of amount $197,080, the current approved amount is $197,080. The loan was approved on 05/20/2020 by The WebBank reported 14 jobs and $197,080 was used to fund payroll.

Circle electric inc is Existing or more than 2 years old

CIRCLE ELECTRIC INC

Date Approved

05/20/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

CIRCLE ELECTRIC INC

Borrower Address

12348 Wilkins Ave

Borrower City

Rockville

Borrower State

MD

Borrower Zip

20852-1828

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

197080.00

Current Approval Amount

197080.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rockville

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20852-1828

CD

MD-08

Jobs Reported

14

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

197080.00

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

Subchapter S Corporation

Originating Lender Location Id

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

199570.87

Forgiveness Date

08/19/2021

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