ALDON MANAGEMENT CORP. (MD) - 2020 PPP Loan Borrower Profile (# 7411357110)

Updated on April 18, 2025.

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

7411357110

SBA Office Code

0353

Processing Method

PPP

Curent Loan Amount

$1,843,647

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$1,863,414.99

Date Loan was Forgiven

May 21, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

230,456

Payroll Proced

1,382,736

Rent Proceed

230,455

Lender

Chain Bridge Bank, National Association

Business Detail

Business Type

Corporation

NAICS

531311

Borrower Location

Bethesda, MD

Project Location

Bethesda, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.