ABC SEWING MACHINE INC (CA) - 2020 PPP Loan Borrower Profile (# 2724278507)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABC SEWING MACHINE 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 California.

Loan Detail

Loan Number

2724278507

SBA Office Code

0914

Processing Method

PPS

Curent Loan Amount

$87,209.8

Date Loan was Approved

Feb 22, 2021

Amount Forgiven

$87,706.78

Date Loan was Forgiven

Sep 21, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

87,208.8

Lender

Open Bank

Business Detail

Business Type

Corporation

NAICS

423830

Borrower Location

Los Angeles, CA

Project Location

Los Angeles, CA

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.