ALVORD, BAKER & ASSOCIATES, LLC (MD) - 2020 PPP Loan Borrower Profile (# 1448807306)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ALVORD, BAKER & ASSOCIATES, LLC. 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
1448807306
SBA Office Code
0353
Processing Method
PPP
Curent Loan Amount
$371,200
Date Loan was Approved
Apr 28, 2020
Amount Forgiven
$373,803.48
Date Loan was Forgiven
Jan 13, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
938
Payroll Proced
321,317
Mortgage Interest Proceed
0
Rent Proceed
48,945
Refinance EIDL Proceed
0
Health Care Proceed
0
Debt Interest Proceed
0
Lender
Manufacturers and Traders Trust Company
Business Detail
Business Type
Limited Liability Company(LLC)
NAICS
621330
Borrower Location
Rockville, MD
Project Location
Rockville, MD
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
24
Business Age Description
Existing or more than 2 years old
Data Source: SBA.