Grounded Electrical Construction

$920,200 PPP Loan in Glen Burnie, Maryland

Loan Details

Loan Number
8098997100
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$920,200
Current Approval
$920,200
Forgiveness Amount
$927,032
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Grounded Electrical Construction
Address
504 Mccormick Drive Suite C
ZIP Code
21061
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
75
Estimated Revenue
$24.7M
Rural/Urban
Urban
Congressional District
MD-03

Loan Use Breakdown

Payroll
$793,134
Rent
$25,180
Utilities
$13,486
Health Care
$88,400

Lender Information

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

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