BASSICH & ASSOCIATES (MD) - 2020 PPP Loan Borrower Profile (# 6212688909)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BASSICH & ASSOCIATES. 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
6212688909
SBA Office Code
0373
Processing Method
PPS
Curent Loan Amount
$83,332.5
Date Loan was Approved
May 1, 2021
Amount Forgiven
$83,601.02
Date Loan was Forgiven
Aug 30, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Payroll Proced
83,331.5
Lender
Truist Bank

Business Detail

Business Type
Corporation
NAICS
541613
Borrower Location
Ocean City, MD
Project Location
Ocean City, MD
Rural/Urban
Rural
Hubzone
Yes
Labor Market Information (LMI)
No
Jobs Reported
5
Business Age Description
Existing or more than 2 years old
Data Source: SBA.