ABACUS BENEFIT CONSULTANTS INC (RI) - 2020 PPP Loan Borrower Profile (# 8035157109)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABACUS BENEFIT CONSULTANTS 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 Rhode Island.

Loan Detail

Loan Number

8035157109

SBA Office Code

0165

Processing Method

PPP

Curent Loan Amount

$494,300

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$499,974.29

Date Loan was Forgiven

Jun 17, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

494,300

Lender

Citizens Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

525990

Borrower Location

Cranston, RI

Project Location

Cranston, RI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.