Delmarva Electric Motors and Machine Shop INC

$300,000 PPP Loan in Salisbury, Maryland

Loan Details

Loan Number
1044407210
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$300,000
Current Approval
$300,000
Forgiveness Amount
$303,242
Forgiveness Date
May 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Delmarva Electric Motors and Machine Shop INC
Address
111 Gordy Rd
ZIP Code
21804-3339
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$5.4M
Rural/Urban
Urban
Congressional District
MD-01

Loan Use Breakdown

Payroll
$300,000

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
Pnc Bank, National Association

Other PPP Loans in Salisbury, MD

BusinessApproved
Delaware Elevator INC$5,632,700NewBizBotAI Deep Dive
Three Lower Counties Community Services, INC$5,006,400NewBizBotAI Deep Dive
Tishcon Corp$3,966,655NewBizBotAI Deep Dive
Pohanka of Salisbury INC$3,712,700NewBizBotAI Deep Dive
Atlantic Tractor LLC$2,916,015NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free