ABAB INC (MS) - 2020 PPP Loan Borrower Profile (# 9928667100)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABAB 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 Mississippi.

Loan Detail

Loan Number

9928667100

SBA Office Code

0470

Processing Method

PPP

Curent Loan Amount

$18,200

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$18,332.64

Date Loan was Forgiven

Jan 8, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,820

Payroll Proced

13,650

Mortgage Interest Proceed

2,730

Lender

Southern Bancorp Bank

Business Detail

Business Type

Corporation

NAICS

442110

Borrower Location

CLARKSDALE, MS

Project Location

CLARKSDALE, MS

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.