PPP Loan information for Altimate electric inc
$1,809,100
Altimate electric inc was initially approved for PPP Loan of amount $1,809,100, the current approved amount is $1,809,100. The loan was approved on 01/28/2021 by The Sandy Spring Bank reported 150 jobs and $1,809,100 was used to fund payroll.
Altimate electric inc is Existing or more than 2 years old
ALTIMATE ELECTRIC INC
Date Approved
01/28/2021
SBA Office Code
0373
Processing Method
PPS
Borrower Name
ALTIMATE ELECTRIC INC
Borrower Address
1008 Rising Ridge Rd
Borrower City
Mount Airy
Borrower State
MD
Borrower Zip
21771-5799
Loan Status Date
01/22/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
1809100.00
Current Approval Amount
1809100.00
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
Mount Airy
Project County Name
FREDERICK
Project State
MD
Project Zip
21771-5799
CD
MD-06
Jobs Reported
150
NAICS Code
238210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
0.00
Payroll Proceed
1809100.00
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
30872
Originating Lender
Sandy Spring Bank
Originating Lender City
OLNEY
Originating Lender State
MD
Gender
Unanswered
Veteran
Unanswered
Non Profit
Forgiveness Amount
1824316.27
Forgiveness Date
12/07/2021