ALEXANDER E BROWN DBA STATE FARM INSURANCE (MD) - 2020 PPP Loan Borrower Profile (# 7552387101)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALEXANDER E BROWN DBA STATE FARM INSURANCE. 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

7552387101

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$43,495

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$44,036.01

Date Loan was Forgiven

Jul 15, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

Payroll Proced

32,620

Mortgage Interest Proceed

Rent Proceed

10,875

Refinance EIDL Proceed

Health Care Proceed

Debt Interest Proceed

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Sole Proprietorship

NAICS

524210

Borrower Location

Columbia, MD

Project Location

Columbia, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.