Power Factor

$628,565 PPP Loan in Dundalk, Maryland

Loan Details

Loan Number
9874787105
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$628,565
Current Approval
$628,565
Forgiveness Amount
$633,749
Forgiveness Date
Feb 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Power Factor
Address
8240 Beachwood Road
ZIP Code
21222
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
50
Estimated Revenue
$16.5M
Rural/Urban
Urban
Congressional District
MD-07

Loan Use Breakdown

Payroll
$588,565
Health Care
$40,000

Lender Information

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

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