ABACUS ACCOUNTING TAX LLC (MD) - 2020 PPP Loan Borrower Profile (# 4740587400)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABACUS ACCOUNTING TAX 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 Maryland.

Loan Detail

Loan Number

4740587400

SBA Office Code

0353

Processing Method

PPP

Curent Loan Amount

$21,852

Date Loan was Approved

May 11, 2020

Amount Forgiven

$22,124.54

Date Loan was Forgiven

Aug 4, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,731

Payroll Proced

16,389

Rent Proceed

2,732

Lender

Fulton Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

812990

Borrower Location

ROCKVILLE, MD

Project Location

ROCKVILLE, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.