New Age Electric Inc.

$272,183 PPP Loan in Silver Spring, Maryland

Loan Details

Loan Number
4329818502
Date Approved
Feb 25, 2021
Loan Status
Paid in Full
Initial Approval
$272,183
Current Approval
$272,183
Forgiveness Amount
$273,884
Forgiveness Date
Oct 25, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
New Age Electric Inc.
Address
8850 Brookville Rd
ZIP Code
20910-1803
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$7.2M
Rural/Urban
Urban
Congressional District
MD-08

Loan Use Breakdown

Payroll
$272,183

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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