9028 WORCESTER HIGHWAY, INC. (MD) - 2020 PPP Loan Borrower Profile (# 6888867102)

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

6888867102

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$173,277.65

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$174,586.86

Date Loan was Forgiven

Jan 20, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

21,659.32

Payroll Proced

129,959

Mortgage Interest Proceed

21,659.33

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.