ALEMAYEHU TAFESSE (MD) - 2020 PPP Loan Borrower Profile (# 7128698500)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALEMAYEHU TAFESSE. 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

7128698500

SBA Office Code

0353

Processing Method

PPP

Curent Loan Amount

$1,150

Date Loan was Approved

Mar 5, 2021

Amount Forgiven

Date Loan was Forgiven

Loan Status

Charged Off

Loan Term

36 Months

Payroll Proced

1,148

Lender

Cross River Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

484110

Borrower Location

Silver Spring, MD

Project Location

Silver Spring, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.