PPP Loan information for Masters electric inc

$174,000

Masters electric inc was initially approved for PPP Loan of amount $174,000, the current approved amount is $174,000. The loan was approved on 01/26/2021 by The Harford Bank reported 14 jobs and $174,000 was used to fund payroll.

Masters electric inc is Existing or more than 2 years old

PPP Loan Search / MD / Joppa / Masters electric inc

MASTERS ELECTRIC INC

Date Approved

01/26/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

MASTERS ELECTRIC INC

Borrower Address

806 Philadelphia Rd

Borrower City

Joppa

Borrower State

MD

Borrower Zip

21085-3125

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

174000.00

Current Approval Amount

174000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29905

Servicing Lender Name

Harford Bank

Servicing Lender Address

8 W Bel Air Ave

Servicing Lender City

ABERDEEN

Servicing Lender State

MD

Servicing Lender Zip

21001-3235

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Joppa

Project County Name

HARFORD

Project State

MD

Project Zip

21085-3125

CD

MD-01

Jobs Reported

14

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

173998.00

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

Corporation

Originating Lender Location Id

29905

Originating Lender

Harford Bank

Originating Lender City

ABERDEEN

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

175793.17

Forgiveness Date

02/22/2022

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