AIRCON ENGINEERING INC (MD) - 2020 PPP Loan Borrower Profile (# 2211457108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AIRCON ENGINEERING 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

2211457108

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$284,900

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$286,625.23

Date Loan was Forgiven

Nov 30, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

284,900

Lender

Truist Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

423730

Borrower Location

CUMBERLAND, MD

Project Location

CUMBERLAND, MD

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.