ACTION WHEELS TRADING LLC (MD) - 2020 PPP Loan Borrower Profile (# 7586789006)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACTION WHEELS TRADING LLC. 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

7586789006

SBA Office Code

0353

Processing Method

PPS

Curent Loan Amount

$20,832

Date Loan was Approved

May 26, 2021

Amount Forgiven

$20,921.69

Date Loan was Forgiven

Nov 17, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

20,829

Lender

Texas National Bank

Business Detail

Business Type

Independent Contractors

NAICS

488510

Borrower Location

Silver Spring, MD

Project Location

Silver Spring, 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.