Next Wave Electrical Contractors INC

$180,600 PPP Loan in Westminster, Maryland

Loan Details

Loan Number
7042027207
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$180,600
Current Approval
$180,600
Forgiveness Amount
$182,713
Forgiveness Date
Jul 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Next Wave Electrical Contractors INC
Address
111 Railroad Avenue
ZIP Code
21157
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$9.9M
Rural/Urban
Rural
Congressional District
MD-02

Loan Use Breakdown

Payroll
$135,445
Rent
$18,000
Utilities
$19,027
Health Care
$8,128

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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