ARC OF WASHINGTON COUNTY, INC. (MD) - 2020 PPP Loan Borrower Profile (# 9180787002)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARC OF WASHINGTON COUNTY, 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

9180787002

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$4,353,800

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$4,404,017.8

Date Loan was Forgiven

Jun 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

75,000

Payroll Proced

3,500,000

Mortgage Interest Proceed

100,000

Health Care Proceed

678,800

Lender

CNB Bank, Inc.

Business Detail

Business Type

Non-Profit Organization

NAICS

623210

Borrower Location

HAGERSTOWN, MD

Project Location

HAGERSTOWN, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

500

Business Age Description

Existing or more than 2 years old

Data Source: SBA.