The Crown Electric Co.

$671,637 PPP Loan in Timonium, Maryland

Loan Details

Loan Number
2772337205
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$671,637
Current Approval
$671,637
Forgiveness Amount
$676,716
Forgiveness Date
Jan 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Crown Electric Co.
Address
2027 Greenspring Drive
ZIP Code
21093
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
54
Estimated Revenue
$17.8M
Rural/Urban
Urban
Congressional District
MD-02

Loan Use Breakdown

Payroll
$596,637
Rent
$10,000
Utilities
$5,000
Health Care
$60,000

Lender Information

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

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