ALLIANCE MATERIAL HANDLING EMPLOYEE STOCK OWNERSHIP PROGRAM (MD) - 2020 PPP Loan Borrower Profile (# 9261417107)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ALLIANCE MATERIAL HANDLING EMPLOYEE STOCK OWNERSHIP PROGRAM. 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
9261417107
SBA Office Code
0373
Processing Method
PPP
Curent Loan Amount
$2,670,773
Date Loan was Approved
Apr 15, 2020
Amount Forgiven
$2,700,480.78
Date Loan was Forgiven
Jun 2, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
19,601
Payroll Proced
2,205,869
Mortgage Interest Proceed
0
Rent Proceed
209,271
Refinance EIDL Proceed
0
Health Care Proceed
236,032
Debt Interest Proceed
0
Lender
Manufacturers and Traders Trust Company
Business Detail
Business Type
Limited Liability Company(LLC)
NAICS
423830
Borrower Location
Jessup, MD
Project Location
Jessup, MD
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
99
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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