The Electric Motor Repair Company

$2,000,000 PPP Loan in Rosedale, Maryland

Loan Details

Loan Number
4413968504
Date Approved
Feb 25, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,019,722
Forgiveness Date
Feb 17, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
The Electric Motor Repair Company
Address
9100 Yellow Brick Rd Ste H
ZIP Code
21237-4704
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
188
Estimated Revenue
$40.4M
Rural/Urban
Urban
Congressional District
MD-02

Loan Use Breakdown

Payroll
$2,000,000

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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