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Brown Electric Inc.

$382,002 PPP Loan in Accokeek, Maryland

Loan Details

Loan Number
7527088306
Date Approved
Jan 28, 2021
Loan Status
Paid in Full
Initial Approval
$382,002
Current Approval
$382,002
Forgiveness Amount
$386,502
Forgiveness Date
Apr 6, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Brown Electric Inc.
Address
17450 Indian Head Hwy Ste 100
City
Accokeek
State
Maryland
ZIP Code
20607-2504
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$7.2M
Rural/Urban
Urban
Congressional District
MD-05

Loan Use Breakdown

Payroll
$381,997
Utilities
$1

Lender Information

Servicing Lender
Wesbanco Bank, Inc.
Originating Lender
Wesbanco Bank, Inc.

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