AB CONSTRUCTION INC (MD) - 2020 PPP Loan Borrower Profile (# 2593998510)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AB CONSTRUCTION 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

2593998510

SBA Office Code

0353

Processing Method

PPS

Curent Loan Amount

$428,772.18

Date Loan was Approved

Feb 20, 2021

Amount Forgiven

$431,725.94

Date Loan was Forgiven

Oct 29, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

428,772.18

Lender

Truist Bank

Business Detail

Business Type

Corporation

NAICS

237310

Borrower Location

Lanham, MD

Project Location

Lanham, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.