ARSIEM CORPORATION (MD) - 2020 PPP Loan Borrower Profile (# 1348557208)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARSIEM CORPORATION. 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

1348557208

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$640,300

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$644,966.3

Date Loan was Forgiven

Jan 19, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

Payroll Proced

603,998

Mortgage Interest Proceed

Rent Proceed

4,200

Refinance EIDL Proceed

Health Care Proceed

32,102

Debt Interest Proceed

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Corporation

NAICS

611710

Borrower Location

Catonsville, MD

Project Location

Catonsville, MD

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.