ABC LANDSCAPING & EXCAVATION, INC (NC) - 2020 PPP Loan Borrower Profile (# 4269507308)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABC LANDSCAPING & EXCAVATION, 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 North Carolina.

Loan Detail

Loan Number

4269507308

SBA Office Code

0460

Processing Method

PPP

Curent Loan Amount

$1,865,700

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$1,644,143.03

Date Loan was Forgiven

Mar 5, 2021

Loan Status

Charged Off

Loan Term

4 Months

Utilities Proced

94,905

Payroll Proced

1,492,560

Mortgage Interest Proceed

94,905

Health Care Proceed

183,330

Lender

Peoples Bank

Business Detail

Business Type

Corporation

NAICS

561730

Borrower Location

BENSON, NC

Project Location

BENSON, NC

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

106

Business Age Description

Existing or more than 2 years old

Data Source: SBA.