ASPHALT MAINTENANCE LLC (MD) - 2020 PPP Loan Borrower Profile (# 5941967103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ASPHALT MAINTENANCE LLC. 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

5941967103

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$57,047.5

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$57,548.25

Date Loan was Forgiven

Mar 5, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

4,753

Payroll Proced

42,788.5

Mortgage Interest Proceed

4,753

Debt Interest Proceed

4,753

Lender

The Farmers Bank of Willards

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

238990

Borrower Location

SALISBURY, MD

Project Location

SALISBURY, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.