ACTION IN MONTGOMERY (MD) - 2020 PPP Loan Borrower Profile (# 2728137109)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACTION IN MONTGOMERY. 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

2728137109

SBA Office Code

0353

Processing Method

PPP

Curent Loan Amount

$45,472

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$45,780.96

Date Loan was Forgiven

Dec 22, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

45,472

Lender

Rosedale Federal Savings & Loan Association

Business Detail

Business Type

Non-Profit Organization

NAICS

813319

Borrower Location

Silver Spring, MD

Project Location

Silver Spring, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.