PPP Loan information for Grounded electrical construction

$920,200

Grounded electrical construction was initially approved for PPP Loan of amount $920,200, the current approved amount is $920,200. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 75 jobs and $920,200 was used to fund payroll.

Grounded electrical construction is Existing or more than 2 years old

PPP Loan Search / MD / Glen Burnie / Grounded electrical construction

GROUNDED ELECTRICAL CONSTRUCTION

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

GROUNDED ELECTRICAL CONSTRUCTION

Borrower Address

504 McCormick Drive Suite C

Borrower City

Glen Burnie

Borrower State

MD

Borrower Zip

21061

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

920200.00

Current Approval Amount

920200.00

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

21061-0312

CD

MD-03

Jobs Reported

75

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

13486.00

Payroll Proceed

793134.00

Mortgage Interest Proceed

0.00

Rent Proceed

25180.00

Refinance EIDL Proceed

0.00

Health Care Proceed

88400.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

927032.17

Forgiveness Date

01/20/2021

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