BASIC METALS (MD) - 2020 PPP Loan Borrower Profile (# 4680168309)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BASIC METALS. 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

4680168309

SBA Office Code

0373

Processing Method

PPS

Curent Loan Amount

$4,664

Date Loan was Approved

Jan 23, 2021

Amount Forgiven

$4,682.92

Date Loan was Forgiven

Jun 29, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

4,662

Lender

The Bank of Romney

Business Detail

Business Type

Partnership

NAICS

423930

Borrower Location

Frostburg, MD

Project Location

Frostburg, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.