Cherry Lane Electrical Service INC
$730,400 PPP Loan in Laurel, Maryland
Loan Details
- Loan Number
- 6837768408
- Date Approved
- Feb 11, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $730,400
- Current Approval
- $730,400
- Forgiveness Amount
- $738,364
- Forgiveness Date
- Mar 22, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Cherry Lane Electrical Service INC
- Address
- 8750 Cherry Ln Ste 3
- City
- Laurel
- State
- Maryland
- ZIP Code
- 20707-6204
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 60
- Estimated Revenue
- $19.7M
- Rural/Urban
- Urban
- Congressional District
- MD-04
Loan Use Breakdown
- Payroll
- $730,400
Lender Information
- Servicing Lender
- Sandy Spring Bank
- Originating Lender
- Sandy Spring Bank
Other PPP Loans in Laurel, MD
| Business | Approved | |
|---|---|---|
| H.i.s. LLC | $10,000,000 | |
| D.a.c. Acquisition Company, LLC | $9,221,000 | |
| Karon Masonry of Maryland, Inc. | $6,005,642 | |
| Buch Construction, Inc. | $4,119,002 | |
| Vytex Corporation | $2,970,837 |
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