ABACUS ADVISORS GROUP LLC (NJ) - 2020 PPP Loan Borrower Profile (# 1859077110)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABACUS ADVISORS GROUP 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 New Jersey.

Loan Detail

Loan Number

1859077110

SBA Office Code

0299

Processing Method

PPP

Curent Loan Amount

$130,672

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$132,262.06

Date Loan was Forgiven

Jul 2, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

300

Payroll Proced

104,538

Mortgage Interest Proceed

4,000

Rent Proceed

Refinance EIDL Proceed

Health Care Proceed

21,834

Debt Interest Proceed

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

541611

Borrower Location

Dumont, NJ

Project Location

Dumont, NJ

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.