Magothy Electric Company, Inc.
$109,400 PPP Loan in Pasadena, Maryland
Loan Details
- Loan Number
- 2190817305
- Date Approved
- Apr 29, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $109,400
- Current Approval
- $109,400
- Forgiveness Amount
- $110,377
- Forgiveness Date
- Mar 24, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Magothy Electric Company, Inc.
- Address
- 8232 a Old Mill Rd
- City
- Pasadena
- State
- Maryland
- ZIP Code
- 21122
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 11
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- MD-03
Loan Use Breakdown
- Payroll
- $101,142
- Rent
- $4,400
- Utilities
- $258
- Health Care
- $3,600
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
Other PPP Loans in Pasadena, MD
| Business | Approved | |
|---|---|---|
| Hospice of the Chesapeake INC | $3,321,250 |  AI Deep Dive |
| Quality Test and Balance LLC | $2,192,873 | AI Deep Dive |
| Electrical Automation Services, Inc. | $1,671,100 | AI Deep Dive |
| Chesapeake Network Installations, Inc. | $1,400,000 | AI Deep Dive |
| Bartlinski Chiropractic & Wellness | $999,894 | AI Deep Dive |
Want to research this company further?
Try NewBizBot free