ASCENTGENE, INC. (MD) - 2020 PPP Loan Borrower Profile (# 4904067209)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ASCENTGENE, 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

4904067209

SBA Office Code

0353

Processing Method

PPP

Curent Loan Amount

$30,769

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$30,971.3

Date Loan was Forgiven

Feb 12, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

Payroll Proced

27,200

Mortgage Interest Proceed

Rent Proceed

3,569

Refinance EIDL Proceed

Health Care Proceed

Debt Interest Proceed

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Corporation

NAICS

541714

Borrower Location

Gaithersburg, MD

Project Location

Gaithersburg, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.