AG-INDUSTRIAL,INC. (MD) - 2020 PPP Loan Borrower Profile (# 7776217106)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AG-INDUSTRIAL,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

7776217106

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$775,507

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$780,053.81

Date Loan was Forgiven

Nov 23, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

Payroll Proced

607,433

Mortgage Interest Proceed

Rent Proceed

76,959

Refinance EIDL Proceed

Health Care Proceed

91,115

Debt Interest Proceed

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Subchapter S Corporation

NAICS

926140

Borrower Location

Rising Sun, MD

Project Location

Rising Sun, MD

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.