ABC CARE, INC. (MD) - 2020 PPP Loan Borrower Profile (# 7036967004)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABC CARE, 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

7036967004

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$246,700

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$248,639.34

Date Loan was Forgiven

Feb 4, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

3,404

Payroll Proced

209,919

Mortgage Interest Proceed

7,230

Rent Proceed

26,147

Lender

Orrstown Bank

Business Detail

Business Type

Non-Profit Childcare Center

NAICS

624410

Borrower Location

FINKSBURG, MD

Project Location

FINKSBURG, MD

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.