ALDERSON LOOP LLC (MD) - 2020 PPP Loan Borrower Profile (# 8818117104)

Updated on April 18, 2025.

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

8818117104

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$839,780

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$844,220.48

Date Loan was Forgiven

Nov 3, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

3,600

Payroll Proced

793,680

Mortgage Interest Proceed

200

Rent Proceed

15,300

Refinance EIDL Proceed

Health Care Proceed

22,000

Debt Interest Proceed

5,000

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Subchapter S Corporation

NAICS

541511

Borrower Location

Sykesville, MD

Project Location

Sykesville, MD

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.