Severn Electric, Inc.

$22,500 PPP Loan in Severn, Maryland

Loan Details

Loan Number
1672717308
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$22,500
Current Approval
$22,500
Forgiveness Amount
$18,522
Forgiveness Date
Nov 19, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Severn Electric, Inc.
Address
8340 New Cut Rd
City
Severn
ZIP Code
21144
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MD-03

Loan Use Breakdown

Payroll
$22,500

Lender Information

Servicing Lender
The Bank of Glen Burnie
Originating Lender
The Bank of Glen Burnie

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