# PPP loan: BAUSUM & DUCKETT ELECTRIC LLC
> **$1.05M** approved 04/13/2020 · Paid in Full · Loan `4785157110`
## Borrower
- **Name:** BAUSUM & DUCKETT ELECTRIC LLC
- **Address:** 3481 Pike Ridge Rd, EDGEWATER, MD, 21037-2205
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.05M
- **Initial approval:** $1.05M
- **Forgiven:** $1.06M (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $948K
- **Rent:** $28K
- **Utilities:** $2K
- **Health care:** $68K
- **Jobs reported:** 67
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*