Efc Systems, Inc.

$539,828 PPP Loan in Havre De Grace, Maryland

Loan Details

Loan Number
7163237207
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$539,828
Current Approval
$539,828
Forgiveness Amount
$546,660
Forgiveness Date
Aug 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Efc Systems, Inc.
Address
1851 Clark Road
ZIP Code
21078
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (336111)
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
$9.4M
Rural/Urban
Urban
Congressional District
MD-01

Loan Use Breakdown

Payroll
$410,269
Rent
$59,381
Utilities
$21,593
Health Care
$48,584

Lender Information

Servicing Lender
American Express National Bank
Originating Lender
American Express National Bank

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