PPP Loan information for Static power conversion services, inc.

$245,160

Static power conversion services, inc. was initially approved for PPP Loan of amount $245,160, the current approved amount is $245,160. The loan was approved on 04/07/2020 by The Sandy Spring Bank reported 14 jobs and $245,160 was used to fund payroll.

Static power conversion services, inc. is Existing or more than 2 years old

PPP Loan Search / MD / COLUMBIA / Static power conversion services, inc.

STATIC POWER CONVERSION SERVICES, INC.

Date Approved

04/07/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

STATIC POWER CONVERSION SERVICES, INC.

Borrower Address

9051 Red Branch Road Suite H

Borrower City

COLUMBIA

Borrower State

MD

Borrower Zip

21045-2103

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

245160.00

Current Approval Amount

245160.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLUMBIA

Project County Name

HOWARD

Project State

MD

Project Zip

21045-2103

CD

MD-03

Jobs Reported

14

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3200.00

Payroll Proceed

211519.00

Mortgage Interest Proceed

0.00

Rent Proceed

15200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

15241.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

247490.70

Forgiveness Date

03/31/2021

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