AMA CONSTRUCTION CO INC. (MD) - 2020 PPP Loan Borrower Profile (# 7623558610)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMA CONSTRUCTION CO 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

7623558610

SBA Office Code

0353

Processing Method

PPP

Curent Loan Amount

$580,924

Date Loan was Approved

Mar 24, 2021

Amount Forgiven

$586,200.73

Date Loan was Forgiven

Feb 23, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

580,924

Lender

Truist Bank

Business Detail

Business Type

Corporation

NAICS

238110

Borrower Location

Hyattsville, MD

Project Location

Hyattsville, MD

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.