As part of the Paycheck Protection Program ASCELLON CORPORATION was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

ASCELLON CORPORATION


Loan Amount	$905,720
BusinessName	ASCELLON CORPORATION
Address	8201 CORPORATE DR
City	HYATTSVILLE
State	MD
Zip	20785
NAICSCode	541512
BusinessType	Corporation
RaceEthnicity	Black or African American
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	51
DateApproved	04/09/2020
Lender	Truist Bank d/b/a Branch Banking & Trust Co
CD	MD-04
BusinessName.clean	ASCELLON

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

PROFESSIONALS FOR NONPROFITS
PROFESSIONALS FOR WOMENS HEALTH
PROFICIENT AUTO TRANSPORT
PROFICIENT MANAGEMENT
PROFICIENT RX