PPP Loan information for Discount electric inc

$12,565

Discount electric inc was initially approved for PPP Loan of amount $12,565, the current approved amount is $12,565. The loan was approved on 03/08/2021 by The Bank of America, National Association reported 1 jobs and $12,565 was used to fund payroll.

Discount electric inc is Existing or more than 2 years old

DISCOUNT ELECTRIC INC

Date Approved

03/08/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

DISCOUNT ELECTRIC INC

Borrower Address

3231 Old Jones Rd

Borrower City

Dunkirk

Borrower State

MD

Borrower Zip

20754-9330

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

12565.00

Current Approval Amount

12565.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dunkirk

Project County Name

CALVERT

Project State

MD

Project Zip

20754-9330

CD

MD-05

Jobs Reported

1

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

12565.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

12637.29

Forgiveness Date

10/06/2021

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