PPP Loan information for Electrical sales associates, inc

$287,500

Electrical sales associates, inc was initially approved for PPP Loan of amount $287,500, the current approved amount is $287,500. The loan was approved on 04/27/2020 by The The Bank of Glen Burnie reported 19 jobs and $287,500 was used to fund payroll.

Electrical sales associates, inc is Existing or more than 2 years old

ELECTRICAL SALES ASSOCIATES, INC

Date Approved

04/27/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

ELECTRICAL SALES ASSOCIATES, INC

Borrower Address

686 Route 3 North

Borrower City

GAMBRILLS

Borrower State

MD

Borrower Zip

21054

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

287500.00

Current Approval Amount

287500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30660

Servicing Lender Name

The Bank of Glen Burnie

Servicing Lender Address

101 Crain Hwy SE

Servicing Lender City

GLEN BURNIE

Servicing Lender State

MD

Servicing Lender Zip

21061-3527

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GAMBRILLS

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21054-0001

CD

MD-05

Jobs Reported

19

NAICS Code

335999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

287500.00

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

30660

Originating Lender

The Bank of Glen Burnie

Originating Lender City

GLEN BURNIE

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

289001.39

Forgiveness Date

11/05/2020

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