A.C. ARMSTRONG DESIGN GROUP LLC (MD) - 2020 PPP Loan Borrower Profile (# 8864057100)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to A.C. ARMSTRONG DESIGN GROUP LLC. 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
8864057100
SBA Office Code
0373
Processing Method
PPP
Curent Loan Amount
$118,600
Date Loan was Approved
Apr 15, 2020
Amount Forgiven
$119,380.78
Date Loan was Forgiven
Dec 15, 2020
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
118,600
Lender
First United Bank & Trust
Business Detail
Business Type
Subchapter S Corporation
NAICS
541620
Borrower Location
FROSTBURG, MD
Project Location
FROSTBURG, MD
Rural/Urban
Urban
Hubzone
Yes
Labor Market Information (LMI)
No
Jobs Reported
10
Business Age Description
Existing or more than 2 years old
Data Source: SBA.