ASSOCIATED SERVICE SPECIALISTS, INC (MD) - 2020 PPP Loan Borrower Profile (# 1231277301)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ASSOCIATED SERVICE SPECIALISTS, 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

1231277301

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$1,792,700

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$1,812,591.6

Date Loan was Forgiven

Jun 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

89,564

Payroll Proced

1,344,582

Mortgage Interest Proceed

Rent Proceed

358,554

Refinance EIDL Proceed

Health Care Proceed

Debt Interest Proceed

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Corporation

NAICS

621420

Borrower Location

Chestertown, MD

Project Location

Chestertown, MD

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

253

Business Age Description

Existing or more than 2 years old

Data Source: SBA.