A & M COFFEE SHOP INC (MD) - 2020 PPP Loan Borrower Profile (# 2348717300)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A & M COFFEE SHOP 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

2348717300

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$36,157.5

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$36,446.76

Date Loan was Forgiven

Feb 19, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

4,519.25

Payroll Proced

27,119

Mortgage Interest Proceed

4,519.25

Lender

The Farmers Bank of Willards

Business Detail

Business Type

Subchapter S Corporation

NAICS

722513

Borrower Location

OCEAN CITY, MD

Project Location

OCEAN CITY, MD

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.