1ST TITLE ABSTRACT SERVICES INC (MD) - 2020 PPP Loan Borrower Profile (# 5932777702)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1ST TITLE ABSTRACT SERVICES 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 Maryland.

Loan Detail

Loan Number

5932777702

SBA Office Code

0353

Processing Method

PPP

Curent Loan Amount

$25,740

Date Loan was Approved

May 1, 2020

Amount Forgiven

$25,859.88

Date Loan was Forgiven

Oct 22, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

25,740

Lender

Bank of America, National Association

Business Detail

Business Type

Corporation

NAICS

541191

Borrower Location

UPPER MARLBORO, MD

Project Location

UPPER MARLBORO, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.