APPLIED POWER SOLUTIONS INC (MD) - 2020 PPP Loan Borrower Profile (# 3294148300)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to APPLIED POWER SOLUTIONS 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

3294148300

SBA Office Code

0373

Processing Method

PPS

Curent Loan Amount

$44,480

Date Loan was Approved

Jan 21, 2021

Amount Forgiven

$44,708.58

Date Loan was Forgiven

Jul 27, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

44,476

Lender

Fulton Bank, National Association

Business Detail

Business Type

Corporation

NAICS

454390

Borrower Location

Glenelg, MD

Project Location

Glenelg, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.