PPP Loan information for Bilbrough's electric inc.

$342,736

Bilbrough's electric inc. was initially approved for PPP Loan of amount $342,736, the current approved amount is $342,736. The loan was approved on 04/24/2021 by The Shore United Bank, National Association reported 24 jobs and $342,736 was used to fund payroll.

Bilbrough's electric inc. is Existing or more than 2 years old

BILBROUGH'S ELECTRIC INC.

Date Approved

04/24/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

BILBROUGH'S ELECTRIC INC.

Borrower Address

25289 Smith Landing Rd

Borrower City

Denton

Borrower State

MD

Borrower Zip

21629-3348

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

342735.75

Current Approval Amount

342735.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30493

Servicing Lender Name

Shore United Bank, National Association

Servicing Lender Address

18 E Dover St

Servicing Lender City

EASTON

Servicing Lender State

MD

Servicing Lender Zip

21601-3013

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Denton

Project County Name

CAROLINE

Project State

MD

Project Zip

21629-3348

CD

MD-01

Jobs Reported

24

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

342732.75

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

Subchapter S Corporation

Originating Lender Location Id

30493

Originating Lender

Shore United Bank, National Association

Originating Lender City

EASTON

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

344341.44

Forgiveness Date

10/25/2021

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