Lywood Electric Inc.
$1,079,770 PPP Loan in Federalsburg, Maryland
Loan Details
- Loan Number
- 2612778706
- Date Approved
- Mar 30, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $1,079,770
- Current Approval
- $1,079,770
- Forgiveness Amount
- $1,086,489
- Forgiveness Date
- Nov 12, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Lywood Electric Inc.
- Address
- 102 Frank Adams Industrial Pkwy
- City
- Federalsburg
- State
- Maryland
- ZIP Code
- 21632-2784
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 76
- Estimated Revenue
- $25.0M
- Rural/Urban
- Rural
- Congressional District
- MD-01
Loan Use Breakdown
- Payroll
- $1,079,770
Lender Information
- Servicing Lender
- Burke & Herbert Bank & Trust Company
- Originating Lender
- Burke and Herbert Bank and Trust Company
Other PPP Loans in Federalsburg, MD
| Business | Approved | |
|---|---|---|
| Tri-Gas & Oil Co., Inc. | $1,756,142 |  AI Deep Dive |
| M&m Refrigeration, Inc. | $1,646,700 | AI Deep Dive |
| Service Today INC | $1,403,600 | AI Deep Dive |
| M&m Refrigeration INC | $1,378,200 | AI Deep Dive |
| Lywood Electric Inc. | $1,092,145 | AI Deep Dive |
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