PPP Loan information for Efc systems, inc.

$539,828

Efc systems, inc. was initially approved for PPP Loan of amount $539,828, the current approved amount is $539,828. The loan was approved on 04/28/2020 by The American Express National Bank reported 36 jobs and $539,828 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

04/28/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

EFC SYSTEMS, INC.

Borrower Address

1851 Clark Road

Borrower City

Havre de Grace

Borrower State

MD

Borrower Zip

21078

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

539827.50

Current Approval Amount

539827.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

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

21078-0001

CD

MD-01

Jobs Reported

36

NAICS Code

336111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

21593.10

Payroll Proceed

410268.90

Mortgage Interest Proceed

0.00

Rent Proceed

59381.03

Refinance EIDL Proceed

0.00

Health Care Proceed

48584.47

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

546660.39

Forgiveness Date

08/16/2021

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