Dixie Electric, Inc.

$265,790 PPP Loan in Frederick, Maryland

Loan Details

Loan Number
9154557108
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$265,790
Current Approval
$265,790
Forgiveness Amount
$267,931
Forgiveness Date
Feb 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Dixie Electric, Inc.
Address
6907 Baltimore National Pike Suite 9
ZIP Code
21702
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
$5.9M
Rural/Urban
Urban
Congressional District
MD-06

Loan Use Breakdown

Payroll
$245,000
Rent
$3,850
Utilities
$1,500
Health Care
$12,000
Debt Interest
$3,440

Lender Information

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

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