ATLANTIC EDGE INC. (MD) - 2020 PPP Loan Borrower Profile (# 8601387103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ATLANTIC EDGE 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

8601387103

SBA Office Code

0353

Processing Method

PPP

Curent Loan Amount

$25,592

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$25,770.09

Date Loan was Forgiven

Dec 31, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,000

Payroll Proced

20,000

Mortgage Interest Proceed

Rent Proceed

4,000

Refinance EIDL Proceed

Health Care Proceed

Debt Interest Proceed

592

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Subchapter S Corporation

NAICS

611620

Borrower Location

Gaithersburg, MD

Project Location

Gaithersburg, 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.