ABACUS DISTRIBUTING LLC (MA) - 2020 PPP Loan Borrower Profile (# 5869177009)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABACUS DISTRIBUTING 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 Massachusetts.

Loan Detail

Loan Number

5869177009

SBA Office Code

0101

Processing Method

PPP

Curent Loan Amount

$269,400

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$270,859.25

Date Loan was Forgiven

Nov 5, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

269,400

Lender

Cornerstone Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

424820

Borrower Location

SOUTHBRIDGE, MA

Project Location

SOUTHBRIDGE, MA

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.