AMP ELECTRIC CONTRACTING, INC. (MD) - 2020 PPP Loan Borrower Profile (# 8387548500)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMP ELECTRIC CONTRACTING, 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

8387548500

SBA Office Code

0373

Processing Method

PPS

Curent Loan Amount

$41,370

Date Loan was Approved

Mar 9, 2021

Amount Forgiven

$41,670.36

Date Loan was Forgiven

Dec 9, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

41,365

Lender

Calvin B. Taylor Banking Company

Business Detail

Business Type

Subchapter S Corporation

NAICS

238210

Borrower Location

Ocean City, MD

Project Location

Ocean City, MD

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.