PPP Loan information for Direct electric services llc

$519,100

Direct electric services llc was initially approved for PPP Loan of amount $519,100, the current approved amount is $519,100. The loan was approved on 02/06/2021 by The Sandy Spring Bank reported 35 jobs and $519,100 was used to fund payroll.

Direct electric services llc is Existing or more than 2 years old

PPP Loan Search / MD / Mount Airy / Direct electric services llc

DIRECT ELECTRIC SERVICES LLC

Date Approved

02/06/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

DIRECT ELECTRIC SERVICES LLC

Borrower Address

111A E Ridgeville Blvd

Borrower City

Mount Airy

Borrower State

MD

Borrower Zip

21771-5259

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

519100.00

Current Approval Amount

519100.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mount Airy

Project County Name

CARROLL

Project State

MD

Project Zip

21771-5259

CD

MD-03

Jobs Reported

35

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

519097.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

523096.36

Forgiveness Date

11/17/2021

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