PPP Loan information for Power source electric inc.

$156,735

Power source electric inc. was initially approved for PPP Loan of amount $156,735, the current approved amount is $156,735. The loan was approved on 02/25/2021 by The Manufacturers and Traders Trust Company reported 18 jobs and $156,735 was used to fund payroll.

Power source electric inc. is Existing or more than 2 years old

PPP Loan Search / MD / Woodbine / Power source electric inc.

POWER SOURCE ELECTRIC INC.

Date Approved

02/25/2021

SBA Office Code

0373

Processing Method

PPP

Borrower Name

POWER SOURCE ELECTRIC INC.

Borrower Address

1945 Old Annapolis Rd

Borrower City

Woodbine

Borrower State

MD

Borrower Zip

21797-8201

Loan Status Date

07/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

156735.00

Current Approval Amount

156735.00

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

Woodbine

Project County Name

HOWARD

Project State

MD

Project Zip

21797-8201

CD

MD-03

Jobs Reported

18

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

156733.00

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

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

158787.58

Forgiveness Date

06/23/2022

;