AUTO SOLUTIONS (MD) - 2020 PPP Loan Borrower Profile (# 3840967704)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AUTO SOLUTIONS. 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

3840967704

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$356,494

Date Loan was Approved

May 1, 2020

Amount Forgiven

$360,293.35

Date Loan was Forgiven

Jun 8, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

356,494

Lender

Wells Fargo Bank, National Association

Business Detail

Business Type

Corporation

NAICS

424690

Borrower Location

OWINGS MILLS, MD

Project Location

OWINGS MILLS, 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.