ABCO WEST ELECTRICAL CONSTRUCTION & DESIGN, LLC (AZ) - 2020 PPP Loan Borrower Profile (# 7897597002)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABCO WEST ELECTRICAL CONSTRUCTION & DESIGN, LLC. 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 Arizona.

Loan Detail

Loan Number

7897597002

SBA Office Code

0988

Processing Method

PPP

Curent Loan Amount

$340,200

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$342,165.6

Date Loan was Forgiven

Nov 12, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

3,325

Payroll Proced

328,057

Rent Proceed

8,818

Lender

Providence Bank and Trust

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

238210

Borrower Location

PHOENIX, AZ

Project Location

PHOENIX, AZ

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.