ADAMS CHEVROLET INC (MD) - 2020 PPP Loan Borrower Profile (# 6411657101)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADAMS CHEVROLET 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

6411657101

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$511,900

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$518,483.6

Date Loan was Forgiven

Jul 26, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

511,900

Lender

Truist Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

441110

Borrower Location

HAVRE DE GRACE, MD

Project Location

HAVRE DE GRACE, MD

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.