ADVANTAGE FLOORING, INC. (MD) - 2020 PPP Loan Borrower Profile (# 7466927003)

Updated on April 18, 2025.

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

7466927003

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$565,902

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$570,072.62

Date Loan was Forgiven

Jan 12, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

5,240

Payroll Proced

480,662

Rent Proceed

80,000

Lender

Sandy Spring Bank

Business Detail

Business Type

Corporation

NAICS

238330

Borrower Location

HANOVER, MD

Project Location

HANOVER, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.