Marine Electric Systems LLC

$111,605 PPP Loan in Annapolis, Maryland

Loan Details

Loan Number
8878377103
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$111,605
Current Approval
$111,605
Forgiveness Amount
$113,106
Forgiveness Date
Aug 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Marine Electric Systems LLC
Address
326 First Street, Suite 400
ZIP Code
21403
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (336611)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MD-03

Loan Use Breakdown

Payroll
$99,470
Rent
$5,260
Utilities
$1,070
Health Care
$5,805

Lender Information

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

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