PPP Loan information for Union electric company llc

$592,037

Union electric company llc was initially approved for PPP Loan of amount $592,037, the current approved amount is $592,037. The loan was approved on 04/13/2020 by The Farmers & Merchants Bank reported 15 jobs and $592,037 was used to fund payroll.

Union electric company llc is Existing or more than 2 years old

UNION ELECTRIC COMPANY LLC

Date Approved

04/13/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

UNION ELECTRIC COMPANY LLC

Borrower Address

6015 Rossville Blvd

Borrower City

ESSEX

Borrower State

MD

Borrower Zip

21221-3100

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

592037.00

Current Approval Amount

592037.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30550

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

15226 Hanover Pike

Servicing Lender City

UPPERCO

Servicing Lender State

MD

Servicing Lender Zip

21155-9749

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ESSEX

Project County Name

BALTIMORE

Project State

MD

Project Zip

21221-3100

CD

MD-02

Jobs Reported

15

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

592037.00

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

30550

Originating Lender

Farmers & Merchants Bank

Originating Lender City

UPPERCO

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

598946.80

Forgiveness Date

06/22/2021

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