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L&c Elecric Inc.

$317,339 PPP Loan in Hanover, Maryland

Loan Details

Loan Number
2645688405
Date Approved
Feb 3, 2021
Loan Status
Paid in Full
Initial Approval
$317,339
Current Approval
$317,339
Forgiveness Amount
$321,338
Forgiveness Date
May 12, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
L&c Elecric Inc.
Address
7521 Connelley Dr Ste E
City
Hanover
State
Maryland
ZIP Code
21076-1714
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
$8.9M
Rural/Urban
Urban
Congressional District
MD-03

Loan Use Breakdown

Payroll
$317,336
Utilities
$1

Lender Information

Servicing Lender
Sandy Spring Bank
Originating Lender
Sandy Spring Bank

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