The Electric Motor Repair Company

$2,923,100 PPP Loan in Rosedale, Maryland

Loan Details

Loan Number
1544747105
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$2,923,100
Current Approval
$2,923,100
Forgiveness Amount
$2,956,797
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Electric Motor Repair Company
Address
9100 Yellow Brick Rd Ste H
ZIP Code
21237-4701
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
186
Estimated Revenue
$40.0M
Rural/Urban
Urban
Congressional District
MD-02

Loan Use Breakdown

Payroll
$2,923,100

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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