ABEL CONSULTING ENGINEERS PA (MD) - 2020 PPP Loan Borrower Profile (# 6027088305)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABEL CONSULTING ENGINEERS PA. 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

6027088305

SBA Office Code

0373

Processing Method

PPS

Curent Loan Amount

$160,205

Date Loan was Approved

Jan 26, 2021

Amount Forgiven

$161,390.08

Date Loan was Forgiven

Oct 29, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

160,202

Lender

Sandy Spring Bank

Business Detail

Business Type

Corporation

NAICS

541330

Borrower Location

Frederick, MD

Project Location

Frederick, MD

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.