PPP borrower record
DIRECT ELECTRIC SERVICES LLC PPP loan record
Public SBA PPP loan record for DIRECT ELECTRIC SERVICES LLC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$519,100
Approved amount
$525,059
Forgiven amount
2020-04-07
Date approved
Borrower and loan details
Borrower
DIRECT ELECTRIC SERVICES LLC
Loan number
7048797009
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Mount Airy
Borrower state
Maryland
Borrower ZIP
21771
Jobs reported
10
Loan status
Exemption 4
Forgiveness date
2021-06-11
Servicing lender
Sandy Spring Bank
Originating lender
Sandy Spring Bank
Reported use of proceeds
Payroll
$483,542
Rent
$10,000
Utilities
$5,558
Mortgage interest
N/A
Health care
$20,000
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.