ALC WEAVER ELECTRIC LLC (MD) - 2020 PPP Loan Borrower Profile (# 2369407202)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALC WEAVER ELECTRIC LLC. 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

2369407202

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$46,300

Date Loan was Approved

Apr 16, 2020

Amount Forgiven

$46,781.01

Date Loan was Forgiven

May 4, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

46,300

Lender

First United Bank & Trust

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

238210

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.