ADEX ELECTRICAL LLC (MD) - 2020 PPP Loan Borrower Profile (# 6682947706)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADEX ELECTRICAL LLC. 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 Maryland.

Loan Detail

Loan Number

6682947706

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$94,900

Date Loan was Approved

May 1, 2020

Amount Forgiven

$95,769.92

Date Loan was Forgiven

Apr 1, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

94,900

Lender

PNC Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

238210

Borrower Location

OCEAN PINES, MD

Project Location

OCEAN PINES, MD

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.