AC DISTRIBUTING INC. (MD) - 2020 PPP Loan Borrower Profile (# 4829328308)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AC DISTRIBUTING 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

4829328308

SBA Office Code

0373

Processing Method

PPS

Curent Loan Amount

$144,445

Date Loan was Approved

Jan 23, 2021

Amount Forgiven

$145,696.86

Date Loan was Forgiven

Dec 9, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

144,445

Lender

First National Bank of Pennsylvania

Business Detail

Business Type

Subchapter S Corporation

NAICS

423740

Borrower Location

Annapolis, MD

Project Location

Annapolis, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.