ARTHUR SOMERS (MD) - 2020 PPP Loan Borrower Profile (# 4510469004)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARTHUR SOMERS. 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

4510469004

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$18,182

Date Loan was Approved

May 20, 2021

Amount Forgiven

$18,303.72

Date Loan was Forgiven

Feb 3, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

18,179

Lender

Prestamos CDFI, LLC

Business Detail

Business Type

Sole Proprietorship

NAICS

114112

Borrower Location

Crisfield, MD

Project Location

Crisfield, MD

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.