PPP Loan information for Reed and thomas electrical contractors inc.

$205,300

Reed and thomas electrical contractors inc. was initially approved for PPP Loan of amount $205,300, the current approved amount is $205,300. The loan was approved on 04/10/2020 by The Farmers & Merchants Bank reported 22 jobs and $205,300 was used to fund payroll.

Reed and thomas electrical contractors inc. is Existing or more than 2 years old

PPP Loan Search / MD / HAMPSTEAD / Reed and thomas electrical contractors inc.

REED AND THOMAS ELECTRICAL CONTRACTORS INC.

Date Approved

04/10/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

REED AND THOMAS ELECTRICAL CONTRACTORS INC.

Borrower Address

621 Hanover Pike

Borrower City

HAMPSTEAD

Borrower State

MD

Borrower Zip

21074-2015

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

205300.00

Current Approval Amount

205300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30550

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

15226 Hanover Pike

Servicing Lender City

UPPERCO

Servicing Lender State

MD

Servicing Lender Zip

21155-9749

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAMPSTEAD

Project County Name

CARROLL

Project State

MD

Project Zip

21074-2015

CD

MD-02

Jobs Reported

22

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

205300.00

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

30550

Originating Lender

Farmers & Merchants Bank

Originating Lender City

UPPERCO

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

196466.45

Forgiveness Date

11/25/2020

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