ALVAREZ CONTRACTORS INC. (MD) - 2020 PPP Loan Borrower Profile (# 8445498410)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALVAREZ CONTRACTORS INC.. 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

8445498410

SBA Office Code

0373

Processing Method

PPS

Curent Loan Amount

$194,460

Date Loan was Approved

Feb 13, 2021

Amount Forgiven

$195,973.06

Date Loan was Forgiven

Dec 1, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

194,454

Lender

WesBanco Bank, Inc.

Business Detail

Business Type

Corporation

NAICS

237110

Borrower Location

Oakland, MD

Project Location

Oakland, MD

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.