PPP Loan information for Union light & power company

$562,324

Union light & power company was initially approved for PPP Loan of amount $562,324, the current approved amount is $562,324. The loan was approved on 05/01/2021 by The Truist Bank reported 18 jobs and $562,324 was used to fund payroll.

Union light & power company is Existing or more than 2 years old

PPP Loan Search / MD / Hyattsville / Union light & power company

UNION LIGHT & POWER COMPANY

Date Approved

05/01/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

UNION LIGHT & POWER COMPANY

Borrower Address

4507 Buchanan St

Borrower City

Hyattsville

Borrower State

MD

Borrower Zip

20781-2231

Loan Status Date

03/15/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

562324.00

Current Approval Amount

562324.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hyattsville

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20781-2231

CD

MD-04

Jobs Reported

18

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

562320.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

572508.31

Forgiveness Date

02/21/2023

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