PPP Loan information for Acker and sons inc

$611,000

Acker and sons inc was initially approved for PPP Loan of amount $611,000, the current approved amount is $611,000. The loan was approved on 04/09/2021 by The Sandy Spring Bank reported 46 jobs and $611,000 was used to fund payroll.

Acker and sons inc is Existing or more than 2 years old

PPP Loan Search / MD / Kensington / Acker and sons inc

ACKER AND SONS INC

Date Approved

04/09/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

ACKER AND SONS INC

Borrower Address

10516 Summit Ave

Borrower City

Kensington

Borrower State

MD

Borrower Zip

20895-2436

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

611000.00

Current Approval Amount

611000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kensington

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20895-2436

CD

MD-08

Jobs Reported

46

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

611000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

614783.18

Forgiveness Date

11/26/2021

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