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 04/10/2020 by The Sandy Spring Bank reported 45 jobs and $611,000 was used to fund payroll.

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

ACKER AND SONS, INC.

Date Approved

04/10/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

ACKER AND SONS, INC.

Borrower Address

10516 SUMMIT AVE

Borrower City

KENSINGTON

Borrower State

MD

Borrower Zip

20895-2433

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

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

20895-2433

CD

MD-08

Jobs Reported

45

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

617578.71

Forgiveness Date

05/19/2021

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