AMERICAN ASSOCIATION FOR LABORATORY ACCREDITATION (MD) - 2020 PPP Loan Borrower Profile (# 6973377200)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN ASSOCIATION FOR LABORATORY ACCREDITATION. 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

6973377200

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$1,127,300

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$1,136,600.23

Date Loan was Forgiven

Mar 5, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

1,127,300

Lender

Capital One, National Association

Business Detail

Business Type

Non-Profit Organization

NAICS

541380

Borrower Location

Frederick, MD

Project Location

Frederick, 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.