East Coast Electric, Inc.

$870,300 PPP Loan in Reisterstown, Maryland

Loan Details

Loan Number
1570177202
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$870,300
Current Approval
$870,300
Forgiveness Amount
$881,674
Forgiveness Date
Aug 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
East Coast Electric, Inc.
Address
37 Main Street
ZIP Code
21136
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
78
Estimated Revenue
$25.7M
Rural/Urban
Urban
Congressional District
MD-02

Loan Use Breakdown

Payroll
$850,300
Rent
$15,000
Utilities
$5,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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