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L&c Electric INC

$317,339 PPP Loan in Hanover, Maryland

Loan Details

Loan Number
9366047110
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$317,339
Current Approval
$317,339
Forgiveness Amount
$321,538
Forgiveness Date
Aug 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
L&c Electric INC
Address
7521 Connelley Drive Ste E
City
Hanover
State
Maryland
ZIP Code
21076
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
$8.9M
Rural/Urban
Urban
Congressional District
MD-03

Loan Use Breakdown

Payroll
$238,004
Utilities
$79,335

Lender Information

Servicing Lender
Sandy Spring Bank
Originating Lender
Sandy Spring Bank

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