PPP Loan information for Efc systems inc

$496,255

Efc systems inc was initially approved for PPP Loan of amount $496,255, the current approved amount is $496,255. The loan was approved on 02/22/2021 by The Manufacturers and Traders Trust Company reported 47 jobs and $496,255 was used to fund payroll.

Efc systems inc is Existing or more than 2 years old

PPP Loan Search / MD / Havre de Grace / Efc systems inc

EFC SYSTEMS INC

Date Approved

02/22/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

EFC SYSTEMS INC

Borrower Address

1851 Clark Rd

Borrower City

Havre de Grace

Borrower State

MD

Borrower Zip

21078-4005

Loan Status Date

05/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

496255.00

Current Approval Amount

496255.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Havre de Grace

Project County Name

HARFORD

Project State

MD

Project Zip

21078-4005

CD

MD-01

Jobs Reported

47

NAICS Code

333912

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

496251.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

502060.50

Forgiveness Date

04/28/2022

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