Lywood Electric Inc.
$1,092,145 PPP Loan in Federalsburg, Maryland
Loan Details
- Loan Number
- 5418217009
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,092,145
- Current Approval
- $1,092,145
- Forgiveness Amount
- $1,098,395
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Lywood Electric Inc.
- Address
- 301 Bloomingdale Ave
- City
- Federalsburg
- State
- Maryland
- ZIP Code
- 21632-1014
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 70
- Estimated Revenue
- $23.0M
- Rural/Urban
- Rural
- Congressional District
- MD-01
Loan Use Breakdown
- Payroll
- $1,092,145
Lender Information
- Servicing Lender
- Burke & Herbert Bank & Trust Company
- Originating Lender
- Burke and Herbert Bank and Trust Company
Other PPP Loans in Federalsburg, MD
| Business | Approved | |
|---|---|---|
| Tri-Gas & Oil Co., Inc. | $1,756,142 |  AI Deep Dive |
| M&m Refrigeration, Inc. | $1,646,700 | AI Deep Dive |
| Service Today INC | $1,403,600 | AI Deep Dive |
| M&m Refrigeration INC | $1,378,200 | AI Deep Dive |
| Lywood Electric Inc. | $1,079,770 | AI Deep Dive |
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