ANCHOR PONTIAC-BUICK INC (MD) - 2020 PPP Loan Borrower Profile (# 5946807100)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ANCHOR PONTIAC-BUICK 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

5946807100

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$344,545

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$346,880.25

Date Loan was Forgiven

Dec 28, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

43,068.12

Payroll Proced

258,408.75

Mortgage Interest Proceed

43,068.13

Lender

Fulton Bank, National Association

Business Detail

Business Type

Corporation

NAICS

441110

Borrower Location

Elkton, MD

Project Location

Elkton, MD

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.