AMG FRANCHISES LLC (MD) - 2020 PPP Loan Borrower Profile (# 8372748302)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMG FRANCHISES 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

8372748302

SBA Office Code

0353

Processing Method

PPS

Curent Loan Amount

$14,112

Date Loan was Approved

Jan 29, 2021

Amount Forgiven

$14,295.65

Date Loan was Forgiven

May 31, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

14,107

Lender

Shore United Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722513

Borrower Location

District Heights, MD

Project Location

District Heights, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.