PPP Loan information for Severn electric, inc.

$22,500

Severn electric, inc. was initially approved for PPP Loan of amount $22,500, the current approved amount is $22,500. The loan was approved on 04/28/2020 by The The Bank of Glen Burnie reported 3 jobs and $22,500 was used to fund payroll.

Severn electric, inc. is Existing or more than 2 years old

PPP Loan Search / MD / SEVERN / Severn electric, inc.

SEVERN ELECTRIC, INC.

Date Approved

04/28/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

SEVERN ELECTRIC, INC.

Borrower Address

8340 New Cut Rd

Borrower City

SEVERN

Borrower State

MD

Borrower Zip

21144

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22500.00

Current Approval Amount

22500.00

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

SEVERN

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21144-0001

CD

MD-03

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

22500.00

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

18521.61

Forgiveness Date

11/19/2020

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