9028 WORCESTER HIGHWAY INC (MD) - 2020 PPP Loan Borrower Profile (# 1271368610)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 9028 WORCESTER HIGHWAY 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

1271368610

SBA Office Code

0373

Processing Method

PPS

Curent Loan Amount

$174,265

Date Loan was Approved

Mar 13, 2021

Amount Forgiven

$175,388.04

Date Loan was Forgiven

Nov 3, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

174,260

Lender

The Farmers Bank of Willards

Business Detail

Business Type

Subchapter S Corporation

NAICS

811121

Borrower Location

Berlin, MD

Project Location

Berlin, MD

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.