PPP Loan information for Target electric, inc.

$307,500

Target electric, inc. was initially approved for PPP Loan of amount $307,500, the current approved amount is $307,500. The loan was approved on 04/28/2020 by The Atlantic Union Bank reported 23 jobs and $307,500 was used to fund payroll.

Target electric, inc. is New Business or 2 years or less

PPP Loan Search / MD / Sykesville / Target electric, inc.

TARGET ELECTRIC, INC.

Date Approved

04/28/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

TARGET ELECTRIC, INC.

Borrower Address

5931 Bartholow Road

Borrower City

Sykesville

Borrower State

MD

Borrower Zip

21784

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

307500.00

Current Approval Amount

307500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Sykesville

Project County Name

CARROLL

Project State

MD

Project Zip

21784-0001

CD

MD-02

Jobs Reported

23

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

307500.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

309037.50

Forgiveness Date

11/03/2020

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