ABEY INC (NC) - 2020 PPP Loan Borrower Profile (# 6504987105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABEY 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

6504987105

SBA Office Code

0460

Processing Method

PPP

Curent Loan Amount

$222,300

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$225,028.5

Date Loan was Forgiven

Jul 13, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

222,300

Lender

First-Citizens Bank & Trust Company

Business Detail

Business Type

Subchapter S Corporation

NAICS

722511

Borrower Location

MOREHEAD CITY, NC

Project Location

MOREHEAD CITY, NC

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.