PPP Loan information for Residential electric inc

$4,487

Residential electric inc was initially approved for PPP Loan of amount $4,487, the current approved amount is $4,487. The loan was approved on 03/04/2021 by The Hebron Savings Bank reported 1 jobs and $4,487 was used to fund payroll.

Residential electric inc is Existing or more than 2 years old

PPP Loan Search / MD / Crisfield / Residential electric inc

RESIDENTIAL ELECTRIC INC

Date Approved

03/04/2021

SBA Office Code

0373

Processing Method

PPP

Borrower Name

RESIDENTIAL ELECTRIC INC

Borrower Address

6 Standard Ave

Borrower City

Crisfield

Borrower State

MD

Borrower Zip

21817-1409

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

4487.00

Current Approval Amount

4487.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30707

Servicing Lender Name

Hebron Savings Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

HEBRON

Servicing Lender State

MD

Servicing Lender Zip

21830-1039

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Crisfield

Project County Name

SOMERSET

Project State

MD

Project Zip

21817-1409

CD

MD-01

Jobs Reported

1

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4486.00

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

30707

Originating Lender

Hebron Savings Bank

Originating Lender City

HEBRON

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

4511.80

Forgiveness Date

09/27/2021

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