Walter Electric LLC

$690,860 PPP Loan in Glen Burnie, Maryland

Loan Details

Loan Number
7503247000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$690,860
Current Approval
$690,860
Forgiveness Amount
$696,728
Forgiveness Date
Feb 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Walter Electric LLC
Address
530 Mccormick Drive #q
ZIP Code
21061-3204
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
69
Estimated Revenue
$22.7M
Rural/Urban
Urban
Congressional District
MD-03

Loan Use Breakdown

Payroll
$667,811
Rent
$18,753
Utilities
$4,296

Lender Information

Servicing Lender
Sandy Spring Bank
Originating Lender
Sandy Spring Bank

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