109-11 HILLSMERE INC (MD) - 2020 PPP Loan Borrower Profile (# 5585527103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 109-11 HILLSMERE 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

5585527103

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$182,587

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$183,581.08

Date Loan was Forgiven

Nov 3, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

182,587

Lender

Severn Bank, A Division of

Business Detail

Business Type

Subchapter S Corporation

NAICS

445310

Borrower Location

ANNAPOLIS, MD

Project Location

ANNAPOLIS, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.