APPLIED RESEARCH AND ENGINEERING GROUP (MD) - 2020 PPP Loan Borrower Profile (# 9225237300)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to APPLIED RESEARCH AND ENGINEERING GROUP. 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

9225237300

SBA Office Code

0353

Processing Method

PPP

Curent Loan Amount

$29,565

Date Loan was Approved

May 1, 2020

Amount Forgiven

$29,868.86

Date Loan was Forgiven

May 14, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

29,565

Lender

TD Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

484220

Borrower Location

Chevy Chase, MD

Project Location

Chevy Chase, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.