PPP Loan information for Roberts electric motors

$72,515

Roberts electric motors was initially approved for PPP Loan of amount $72,515, the current approved amount is $72,515. The loan was approved on 04/14/2020 by The Woodsboro Bank reported 6 jobs and $72,515 was used to fund payroll.

Roberts electric motors is Existing or more than 2 years old

PPP Loan Search / MD / Frederick / Roberts electric motors

ROBERTS ELECTRIC MOTORS

Date Approved

04/14/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

ROBERTS ELECTRIC MOTORS

Borrower Address

4507 Metropolitan Court Ste G

Borrower City

Frederick

Borrower State

MD

Borrower Zip

21704

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72515.00

Current Approval Amount

72515.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30930

Servicing Lender Name

Woodsboro Bank

Servicing Lender Address

5 N Main St

Servicing Lender City

WOODSBORO

Servicing Lender State

MD

Servicing Lender Zip

21798-8816

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Frederick

Project County Name

FREDERICK

Project State

MD

Project Zip

21704-1600

CD

MD-06

Jobs Reported

6

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

72515.00

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

30930

Originating Lender

Woodsboro Bank

Originating Lender City

WOODSBORO

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

72938.17

Forgiveness Date

11/23/2020

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