ALCANTRA DRIVING SCHOOL CORP. (MD) - 2020 PPP Loan Borrower Profile (# 1018527403)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALCANTRA DRIVING SCHOOL CORP.. 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

1018527403

SBA Office Code

0353

Processing Method

PPP

Curent Loan Amount

$17,555

Date Loan was Approved

May 3, 2020

Amount Forgiven

$17,666.1

Date Loan was Forgiven

Jan 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

17,555

Lender

Latino Economic Development Corp.

Business Detail

Business Type

Corporation

NAICS

611692

Borrower Location

SILVER SPRING, MD

Project Location

SILVER SPRING, 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.