AIS ENGINEERING INC (MD) - 2020 PPP Loan Borrower Profile (# 5398698501)

Updated on April 18, 2025.

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

5398698501

SBA Office Code

0353

Processing Method

PPS

Curent Loan Amount

$250,300

Date Loan was Approved

Feb 27, 2021

Amount Forgiven

$252,830.81

Date Loan was Forgiven

Mar 8, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

250,297

Lender

Capital Bank, National Association

Business Detail

Business Type

Corporation

NAICS

519190

Borrower Location

Silver Spring, MD

Project Location

Silver Spring, MD

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.