ALC CONSTRUCTION MANAGEMENT INC (MD) - 2020 PPP Loan Borrower Profile (# 4048738310)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALC CONSTRUCTION MANAGEMENT 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

4048738310

SBA Office Code

0373

Processing Method

PPS

Curent Loan Amount

$28,735

Date Loan was Approved

Jan 22, 2021

Amount Forgiven

$28,890.65

Date Loan was Forgiven

Aug 13, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

28,733

Lender

First United Bank & Trust

Business Detail

Business Type

Corporation

NAICS

236115

Borrower Location

Hagerstown, MD

Project Location

Hagerstown, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.