ANNAPOLIS BOAT SALES, LLC (MD) - 2020 PPP Loan Borrower Profile (# 5001177004)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ANNAPOLIS BOAT SALES, 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

5001177004

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$167,200

Date Loan was Approved

Apr 4, 2020

Amount Forgiven

$168,542.18

Date Loan was Forgiven

Feb 2, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

167,200

Lender

Shore United Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

441222

Borrower Location

CHESTER, MD

Project Location

CHESTER, MD

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.