PPP Loan information for K electric company inc

$49,382

K electric company inc was initially approved for PPP Loan of amount $49,382, the current approved amount is $49,382. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 4 jobs and $49,382 was used to fund payroll.

K electric company inc is Existing or more than 2 years old

K ELECTRIC COMPANY INC

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

K ELECTRIC COMPANY INC

Borrower Address

1822 Parsonage Road 1822 Parsoange Rd

Borrower City

Parkton

Borrower State

MD

Borrower Zip

21120

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49382.00

Current Approval Amount

49382.00

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

Parkton

Project County Name

BALTIMORE

Project State

MD

Project Zip

21120-0271

CD

MD-02

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49382.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

49801.41

Forgiveness Date

02/24/2021

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