PPP Loan information for Electric unlimited inc

$42,000

Electric unlimited inc was initially approved for PPP Loan of amount $42,000, the current approved amount is $42,000. The loan was approved on 04/13/2020 by The Sandy Spring Bank reported 4 jobs and $42,000 was used to fund payroll.

Electric unlimited inc is Existing or more than 2 years old

ELECTRIC UNLIMITED INC

Date Approved

04/13/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

ELECTRIC UNLIMITED INC

Borrower Address

3450 Pecan Court

Borrower City

JEFFERSON

Borrower State

MD

Borrower Zip

21755-7900

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42000.00

Current Approval Amount

42000.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JEFFERSON

Project County Name

FREDERICK

Project State

MD

Project Zip

21755-7900

CD

MD-06

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10500.00

Payroll Proceed

31500.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

42408.49

Forgiveness Date

04/13/2021

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