3124 ENTERPRISES INC. (MD) - 2020 PPP Loan Borrower Profile (# 5490187007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 3124 ENTERPRISES 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

5490187007

SBA Office Code

0353

Processing Method

PPP

Curent Loan Amount

$285,300

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$286,936.83

Date Loan was Forgiven

Feb 12, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

285,300

Lender

Atlantic Union Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

812320

Borrower Location

CHEVY CHASE, MD

Project Location

CHEVY CHASE, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.