ABC VIRTUAL COMMUNICATIONS, INC. (IA) - 2020 PPP Loan Borrower Profile (# 3920777804)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABC VIRTUAL COMMUNICATIONS, 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 Iowa.

Loan Detail

Loan Number

3920777804

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$61,578

Date Loan was Approved

May 27, 2020

Amount Forgiven

$62,003.14

Date Loan was Forgiven

Feb 9, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

7,300

Payroll Proced

52,278

Mortgage Interest Proceed

2,000

Lender

Lincoln Savings Bank

Business Detail

Business Type

Corporation

NAICS

541511

Borrower Location

WEST DES MOINES, IA

Project Location

WEST DES MOINES, IA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.