ADC TOYOTA INC (MD) - 2020 PPP Loan Borrower Profile (# 9973067205)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADC TOYOTA 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

9973067205

SBA Office Code

0353

Processing Method

PPP

Curent Loan Amount

$36,700

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$36,986.56

Date Loan was Forgiven

Feb 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,276

Payroll Proced

29,424

Mortgage Interest Proceed

Rent Proceed

6,000

Refinance EIDL Proceed

Health Care Proceed

Debt Interest Proceed

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Subchapter S Corporation

NAICS

811111

Borrower Location

Kensington, MD

Project Location

Kensington, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.