AKALA INC (MD) - 2020 PPP Loan Borrower Profile (# 4876778502)

Updated on April 18, 2025.

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

4876778502

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$2,155

Date Loan was Approved

Feb 26, 2021

Amount Forgiven

$2,167.87

Date Loan was Forgiven

Oct 6, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

2,153

Lender

WebBank

Business Detail

Business Type

Subchapter S Corporation

NAICS

722513

Borrower Location

Baltimore, MD

Project Location

Baltimore, 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.