PPP Loan information for The crown electric co.

$671,637

The crown electric co. was initially approved for PPP Loan of amount $671,637, the current approved amount is $671,637. The loan was approved on 04/16/2020 by The Manufacturers and Traders Trust Company reported 54 jobs and $671,637 was used to fund payroll.

The crown electric co. is Existing or more than 2 years old

PPP Loan Search / MD / Timonium / The crown electric co.

THE CROWN ELECTRIC CO.

Date Approved

04/16/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

THE CROWN ELECTRIC CO.

Borrower Address

2027 Greenspring Drive

Borrower City

Timonium

Borrower State

MD

Borrower Zip

21093

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

671637.00

Current Approval Amount

671637.00

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

Timonium

Project County Name

BALTIMORE

Project State

MD

Project Zip

21093-0001

CD

MD-02

Jobs Reported

54

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

596637.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

60000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

676715.68

Forgiveness Date

01/28/2021

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