PPP Loan information for Edison electric company, inc.

$450,000

Edison electric company, inc. was initially approved for PPP Loan of amount $450,000, the current approved amount is $450,000. The loan was approved on 04/09/2020 by The WesBanco Bank, Inc. reported 28 jobs and $450,000 was used to fund payroll.

Edison electric company, inc. is Existing or more than 2 years old

EDISON ELECTRIC COMPANY, INC.

Date Approved

04/09/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

EDISON ELECTRIC COMPANY, INC.

Borrower Address

200 HOLSUM WAY

Borrower City

GLEN BURNIE

Borrower State

MD

Borrower Zip

21060-6558

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

450000.00

Current Approval Amount

450000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75497

Servicing Lender Name

WesBanco Bank, Inc.

Servicing Lender Address

1 Bank Plz

Servicing Lender City

WHEELING

Servicing Lender State

WV

Servicing Lender Zip

26003-3543

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GLEN BURNIE

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21060-6558

CD

MD-03

Jobs Reported

28

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

450000.00

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

Subchapter S Corporation

Originating Lender Location Id

75497

Originating Lender

WesBanco Bank, Inc.

Originating Lender City

WHEELING

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

454290.41

Forgiveness Date

04/01/2021

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