EASTERN SHORE EQUIPMENT CO INC (DE) - 2020 PPP Loan Borrower Profile (# 2568408506)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to EASTERN SHORE EQUIPMENT CO INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Delaware.
Loan Detail
Loan Number
2568408506
SBA Office Code
0341
Processing Method
PPP
Curent Loan Amount
$53,042
Date Loan was Approved
Feb 20, 2021
Amount Forgiven
$53,376.24
Date Loan was Forgiven
Oct 14, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
53,040
Lender
Northeast Bank
Business Detail
Business Type
Subchapter S Corporation
NAICS
423840
Borrower Location
Camden, DE
Project Location
Camden, DE
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
5
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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