AAROW EQUIPMENT & SERVICES, INC (MD) - 2020 PPP Loan Borrower Profile (# 8408977003)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AAROW EQUIPMENT & 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

8408977003

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$226,700

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$229,596.72

Date Loan was Forgiven

Jul 22, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

226,700

Lender

United Bank

Business Detail

Business Type

Corporation

NAICS

236220

Borrower Location

MECHANICSVILLE, MD

Project Location

MECHANICSVILLE, MD

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.