531 INC. (MD) - 2020 PPP Loan Borrower Profile (# 1710238304)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 531 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

1710238304

SBA Office Code

0373

Processing Method

PPS

Curent Loan Amount

$102,700

Date Loan was Approved

Jan 19, 2021

Amount Forgiven

$103,992.31

Date Loan was Forgiven

Apr 26, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

102,697

Lender

Harford Bank

Business Detail

Business Type

Corporation

NAICS

722320

Borrower Location

Havre de Grace, MD

Project Location

Havre de Grace, MD

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.