AMERICAN YOUTH HOSTELS INC. (MD) - 2020 PPP Loan Borrower Profile (# 2529888605)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN YOUTH HOSTELS 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

2529888605

SBA Office Code

0353

Processing Method

PPS

Curent Loan Amount

$2,000,000

Date Loan was Approved

Mar 15, 2021

Amount Forgiven

$2,023,342.47

Date Loan was Forgiven

May 26, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

1,999,995

Lender

Peapack-Gladstone Bank

Business Detail

Business Type

Non-Profit Organization

NAICS

721199

Borrower Location

Silver Spring, MD

Project Location

Silver Spring, MD

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

156

Business Age Description

Existing or more than 2 years old

Data Source: SBA.