PPP Loan information for Grounded electrical construction

$920,257

Grounded electrical construction was initially approved for PPP Loan of amount $920,257, the current approved amount is $920,257. The loan was approved on 01/23/2021 by The Manufacturers and Traders Trust Company reported 69 jobs and $920,257 was used to fund payroll.

Grounded electrical construction is Existing or more than 2 years old

GROUNDED ELECTRICAL CONSTRUCTION

Date Approved

01/23/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

GROUNDED ELECTRICAL CONSTRUCTION

Borrower Address

504 McCormick Dr Ste C

Borrower City

Glen Burnie

Borrower State

MD

Borrower Zip

21061-3298

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

920257.00

Current Approval Amount

920257.00

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

Glen Burnie

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21061-3298

CD

MD-03

Jobs Reported

69

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

920254.00

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

Limited Liability Company(LLC)

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

925778.54

Forgiveness Date

09/09/2021

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