ALBRECHT ENGINEERING INC. (MD) - 2020 PPP Loan Borrower Profile (# 4776198301)

Updated on April 18, 2025.

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

4776198301

SBA Office Code

0373

Processing Method

PPS

Curent Loan Amount

$317,345

Date Loan was Approved

Jan 23, 2021

Amount Forgiven

$319,170.82

Date Loan was Forgiven

Sep 1, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

317,342

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Subchapter S Corporation

NAICS

541330

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.