ARDMORE ENTERPRISES INC (MD) - 2020 PPP Loan Borrower Profile (# 8018277108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARDMORE ENTERPRISES 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

8018277108

SBA Office Code

0353

Processing Method

PPP

Curent Loan Amount

$1,492,500

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$1,512,731.67

Date Loan was Forgiven

Aug 23, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

186,562.5

Payroll Proced

1,119,375

Rent Proceed

186,562.5

Lender

Fulton Bank, National Association

Business Detail

Business Type

Corporation

NAICS

623210

Borrower Location

Bowie, MD

Project Location

Bowie, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

100

Business Age Description

Existing or more than 2 years old

Data Source: SBA.