ASPEN GROVE INC (MD) - 2020 PPP Loan Borrower Profile (# 1370377808)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ASPEN GROVE 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

1370377808

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$58,255

Date Loan was Approved

May 21, 2020

Amount Forgiven

$58,566.23

Date Loan was Forgiven

Dec 8, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

13,055

Payroll Proced

41,000

Rent Proceed

200

Health Care Proceed

4,000

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Corporation

NAICS

541511

Borrower Location

FREDERICK, MD

Project Location

FREDERICK, MD

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.