Lanier Electronics Group Inc.

$225,000 PPP Loan in Upper Morlboro, Maryland

Loan Details

Loan Number
1369267203
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$225,000
Current Approval
$225,000
Forgiveness Amount
$226,200
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Lanier Electronics Group Inc.
Address
16000 Trade Zone Ave
ZIP Code
20774
Business Type
Corporation
Industry (NAICS)
Retail Trade (443142)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MD-05

Loan Use Breakdown

Payroll
$168,750
Mortgage Interest
$56,250

Lender Information

Servicing Lender
Fulton Bank, National Association
Originating Lender
Fulton Bank, National Association

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