AUTO COLLISIONS AND MECHANICS INC (MD) - 2020 PPP Loan Borrower Profile (# 7294227008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AUTO COLLISIONS AND MECHANICS 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

7294227008

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$31,839

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$32,146.05

Date Loan was Forgiven

Apr 8, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,500

Payroll Proced

30,339

Lender

Sandy Spring Bank

Business Detail

Business Type

Corporation

NAICS

811121

Borrower Location

LAUREL, MD

Project Location

LAUREL, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.