AMORIM CONSTRUCTION CORPORATION (MD) - 2020 PPP Loan Borrower Profile (# 2748247300)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMORIM CONSTRUCTION CORPORATION. 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

2748247300

SBA Office Code

0353

Processing Method

PPP

Curent Loan Amount

$437,500

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$339,707.88

Date Loan was Forgiven

Feb 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

21,875

Payroll Proced

328,125

Mortgage Interest Proceed

43,750

Rent Proceed

43,750

Health Care Proceed

Debt Interest Proceed

Lender

American Express National Bank

Business Detail

Business Type

Corporation

NAICS

236115

Borrower Location

Silver Spring, MD

Project Location

Silver Spring, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.