ARUNDEL ELECTRICAL CONTRACTORS, LLC (MD) - 2020 PPP Loan Borrower Profile (# 2456057104)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARUNDEL ELECTRICAL CONTRACTORS, 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

2456057104

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$291,022.5

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$293,693.53

Date Loan was Forgiven

Mar 24, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

600

Payroll Proced

199,122.5

Rent Proceed

4,800

Health Care Proceed

85,000

Debt Interest Proceed

1,500

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

238210

Borrower Location

MILLERSVILLE, MD

Project Location

MILLERSVILLE, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.