PPP Loan information for Southern maryland electric cooperative, inc.

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

SOUTHERN MARYLAND ELECTRIC COOPERATIVE, INC.

Borrower Address

15037 Burnt Store Road

Borrower City

Hughesville

Borrower State

MD

Borrower Zip

20637

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

8560877.00

Current Approval Amount

8560877.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hughesville

Project County Name

CHARLES

Project State

MD

Project Zip

20637-0001

CD

MD-05

Jobs Reported

476

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5444888.00

Mortgage Interest Proceed

2168755.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

947234.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

8660089.36

Forgiveness Date

06/18/2021