AGROLAB INC (DE) - 2020 PPP Loan Borrower Profile (# 5044267410)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to AGROLAB INC. 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 Delaware.
Loan Detail
Loan Number
5044267410
SBA Office Code
0341
Processing Method
PPP
Curent Loan Amount
$67,545
Date Loan was Approved
May 11, 2020
Amount Forgiven
$67,870.7
Date Loan was Forgiven
Nov 12, 2020
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
5,000
Payroll Proced
51,000
Mortgage Interest Proceed
5,000
Rent Proceed
4,000
Refinance EIDL Proceed
0
Health Care Proceed
0
Debt Interest Proceed
2,545
Lender
Manufacturers and Traders Trust Company
Business Detail
Business Type
Subchapter S Corporation
NAICS
541380
Borrower Location
Harrington, DE
Project Location
Harrington, DE
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
Yes
Jobs Reported
17
Business Age Description
Existing or more than 2 years old
Data Source: SBA.