PPP borrower record
WALTER ELECTRIC LLC PPP loan record
Public SBA PPP loan record for WALTER ELECTRIC LLC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$690,860
Approved amount
$696,728
Forgiven amount
2020-04-07
Date approved
Borrower and loan details
Borrower
WALTER ELECTRIC LLC
Loan number
7503247000
Business type
Limited Liability Company
Business age
Existing or more than 2 years old
Borrower city
Glen Burnie
Borrower state
Maryland
Borrower ZIP
21061
Jobs reported
69
Loan status
Exemption 4
Forgiveness date
2021-02-25
Servicing lender
Sandy Spring Bank
Originating lender
Sandy Spring Bank
Reported use of proceeds
Payroll
$667,811
Rent
$18,753
Utilities
$4,296
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.