ACADIA CONTRACTORS, INC (MD) - 2020 PPP Loan Borrower Profile (# 5087387302)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACADIA CONTRACTORS, 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

5087387302

SBA Office Code

0353

Processing Method

PPP

Curent Loan Amount

$110,000

Date Loan was Approved

Apr 30, 2020

Amount Forgiven

$107,136.96

Date Loan was Forgiven

May 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

Payroll Proced

44,901

Mortgage Interest Proceed

Rent Proceed

6,585.48

Health Care Proceed

8,381.52

Debt Interest Proceed

50,132

Lender

American Express National Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

236118

Borrower Location

Cabin John, MD

Project Location

Cabin John, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.