ABC EQUIPMENT RENTAL, INC. (MD) - 2020 PPP Loan Borrower Profile (# 7681167003)

Updated on April 18, 2025.

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

7681167003

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$547,600

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$553,638.81

Date Loan was Forgiven

May 20, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

547,600

Lender

Truist Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

532310

Borrower Location

CATONSVILLE, MD

Project Location

CATONSVILLE, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.