ALAN K SOKOLOFF PC (MD) - 2020 PPP Loan Borrower Profile (# 6101997103)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ALAN K SOKOLOFF PC. 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
6101997103
SBA Office Code
0373
Processing Method
PPP
Curent Loan Amount
$194,400
Date Loan was Approved
Apr 14, 2020
Amount Forgiven
$196,338.67
Date Loan was Forgiven
Apr 20, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
194,400
Lender
First-Citizens Bank & Trust Company
Business Detail
Business Type
Subchapter S Corporation
NAICS
621111
Borrower Location
GLEN BURNIE, MD
Project Location
GLEN BURNIE, MD
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
23
Business Age Description
New Business or 2 years or less
Data Source: SBA.