A&R DEVELOPMENT CORP (MD) - 2020 PPP Loan Borrower Profile (# 9861908406)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A&R DEVELOPMENT CORP. 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

9861908406

SBA Office Code

0373

Processing Method

PPS

Curent Loan Amount

$127,634

Date Loan was Approved

Feb 18, 2021

Amount Forgiven

$128,151.63

Date Loan was Forgiven

Jul 27, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

127,634

Lender

Severn Bank, A Division of

Business Detail

Business Type

Subchapter S Corporation

NAICS

531390

Borrower Location

Baltimore, MD

Project Location

Baltimore, MD

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.