ADVANTAGE BOOK BINDING, INC (MD) - 2020 PPP Loan Borrower Profile (# 1045367202)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANTAGE BOOK BINDING, 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

1045367202

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$296,247

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$299,258.17

Date Loan was Forgiven

Apr 29, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

8,000

Payroll Proced

236,996

Mortgage Interest Proceed

4,246

Rent Proceed

38,192

Refinance EIDL Proceed

Health Care Proceed

8,586

Debt Interest Proceed

227

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Corporation

NAICS

323117

Borrower Location

Essex, MD

Project Location

Essex, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.