ADKO ASSOCIATES. INC (MD) - 2020 PPP Loan Borrower Profile (# 8209677102)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADKO ASSOCIATES. 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

8209677102

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$569,652

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$433,994.01

Date Loan was Forgiven

Nov 4, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

24,000

Payroll Proced

464,652

Mortgage Interest Proceed

Rent Proceed

40,000

Refinance EIDL Proceed

Health Care Proceed

35,000

Debt Interest Proceed

6,000

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Subchapter S Corporation

NAICS

424420

Borrower Location

Woodlawn, MD

Project Location

Woodlawn, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.