ANNAPOLIS SUBARU, INC. (MD) - 2020 PPP Loan Borrower Profile (# 1572797106)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ANNAPOLIS SUBARU, 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
1572797106
SBA Office Code
0373
Processing Method
PPP
Curent Loan Amount
$811,260
Date Loan was Approved
Apr 10, 2020
Amount Forgiven
$732,862.68
Date Loan was Forgiven
Sep 14, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
8,000
Payroll Proced
610,665
Mortgage Interest Proceed
0
Rent Proceed
158,095
Refinance EIDL Proceed
0
Health Care Proceed
34,500
Debt Interest Proceed
0
Lender
JPMorgan Chase Bank, National Association

Business Detail

Business Type
Subchapter S Corporation
NAICS
441110
Borrower Location
ANNAPOLIS, MD
Project Location
ANNAPOLIS, MD
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
Yes
Jobs Reported
55
Business Age Description
Existing or more than 2 years old
Data Source: SBA.