AMERICAN CABLE TECH LLC (MD) - 2020 PPP Loan Borrower Profile (# 8063588701)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN CABLE TECH 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

8063588701

SBA Office Code

0353

Processing Method

PPS

Curent Loan Amount

$6,667

Date Loan was Approved

Apr 7, 2021

Amount Forgiven

$6,689.83

Date Loan was Forgiven

Aug 26, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

6,667

Lender

Readycap Lending, LLC

Business Detail

Business Type

Subchapter S Corporation

NAICS

517919

Borrower Location

Gaithersburg, MD

Project Location

Gaithersburg, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.