Direct Electric Services LLC

$519,100 PPP Loan in Mount Airy, Maryland

Loan Details

Loan Number
4670528404
Date Approved
Feb 6, 2021
Loan Status
Paid in Full
Initial Approval
$519,100
Current Approval
$519,100
Forgiveness Amount
$523,096
Forgiveness Date
Nov 17, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Direct Electric Services LLC
Address
111a E Ridgeville Blvd
ZIP Code
21771-5259
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$11.5M
Rural/Urban
Rural
Congressional District
MD-03

Loan Use Breakdown

Payroll
$519,097
Utilities
$1

Lender Information

Servicing Lender
Sandy Spring Bank
Originating Lender
Sandy Spring Bank

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