ABUNDANT POWER GROUP, LLC (NC) - 2020 PPP Loan Borrower Profile (# 7262437007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABUNDANT POWER 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 North Carolina.

Loan Detail

Loan Number

7262437007

SBA Office Code

0460

Processing Method

PPP

Curent Loan Amount

$137,000

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$137,949.62

Date Loan was Forgiven

Dec 31, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,400

Payroll Proced

102,600

Rent Proceed

16,000

Debt Interest Proceed

16,000

Lender

The Park National Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

541511

Borrower Location

CHARLOTTE, NC

Project Location

CHARLOTTE, NC

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.