Echo Electric Company, INC

$198,235 PPP Loan in Kensington, Maryland

Loan Details

Loan Number
2898117204
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$198,235
Current Approval
$198,235
Forgiveness Amount
$200,560
Forgiveness Date
Jun 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Echo Electric Company, INC
Address
10526 Detrick Avenue
ZIP Code
20895
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
$6.3M
Rural/Urban
Urban
Congressional District
MD-08

Loan Use Breakdown

Payroll
$148,676
Utilities
$49,559

Lender Information

Servicing Lender
Sandy Spring Bank
Originating Lender
Sandy Spring Bank

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