ADSTRATEGIES, INC (MD) - 2020 PPP Loan Borrower Profile (# 4218917106)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADSTRATEGIES, 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

4218917106

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$410,760

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$413,866.02

Date Loan was Forgiven

Jan 20, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

4,000

Payroll Proced

399,760

Rent Proceed

7,000

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Sole Proprietorship

NAICS

541810

Borrower Location

EASTON, MD

Project Location

EASTON, MD

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.