ABI II INC. (MD) - 2020 PPP Loan Borrower Profile (# 7422488704)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABI II 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 Maryland.

Loan Detail

Loan Number

7422488704

SBA Office Code

0353

Processing Method

PPS

Curent Loan Amount

$120,214

Date Loan was Approved

Apr 6, 2021

Amount Forgiven

Date Loan was Forgiven

Loan Status

Charged Off

Loan Term

37 Months

Utilities Proced

Payroll Proced

120,208

Lender

WebBank

Business Detail

Business Type

Corporation

NAICS

722511

Borrower Location

Gaithersburg, MD

Project Location

Gaithersburg, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.