As part of the Paycheck Protection Program LYWOOD ELECTRIC INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

LYWOOD ELECTRIC INC


Loan Amount	$1,092,145
BusinessName	LYWOOD ELECTRIC INC
Address	301 Bloomingdale Ave
City	FEDERALSBURG
State	MD
Zip	21632
NAICSCode	238210
BusinessType	Corporation
RaceEthnicity	White
Gender	Male Owned
Veteran	Unanswered
NonProfit
JobsReported	70
DateApproved	04/05/2020
Lender	Provident State Bank, Inc.
CD	MD-01
BusinessName.clean	LYWOOD ELECTRIC

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

LZ MANAGEMENT GROUP
M B PAUL
M B PRODUCTS
ANDREW ELECTRIC CO
M F WESTERN PRODUCTS