ADDICTION RECOVERY INC. (MD) - 2020 PPP Loan Borrower Profile (# 7829977007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADDICTION RECOVERY 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

7829977007

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$1,080,932

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$1,090,290.21

Date Loan was Forgiven

Mar 5, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

35,870

Payroll Proced

998,659

Health Care Proceed

46,403

Lender

Sandy Spring Bank

Business Detail

Business Type

Non-Profit Organization

NAICS

623220

Borrower Location

CROWNSVILLE, MD

Project Location

CROWNSVILLE, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

133

Business Age Description

Existing or more than 2 years old

Data Source: SBA.