BATTERIES & TOOLS ECT LLC (MD) - 2020 PPP Loan Borrower Profile (# 1943367106)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BATTERIES & TOOLS ECT 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

1943367106

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$47,594

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$48,089.5

Date Loan was Forgiven

May 6, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

47,594

Lender

Shore United Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

441310

Borrower Location

CHARLOTTE HALL, MD

Project Location

CHARLOTTE HALL, MD

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.