ABACUS TECHNICAL SERVICES, LLC (TX) - 2020 PPP Loan Borrower Profile (# 6781257009)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABACUS TECHNICAL SERVICES, 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 Texas.

Loan Detail

Loan Number

6781257009

SBA Office Code

0610

Processing Method

PPP

Curent Loan Amount

$1,528,928

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$1,540,904.6

Date Loan was Forgiven

Jan 19, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

127,411

Payroll Proced

1,146,696

Mortgage Interest Proceed

127,411

Health Care Proceed

127,410

Lender

First Source Federal Credit Union

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

561310

Borrower Location

PLANO, TX

Project Location

PLANO, TX

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

102

Business Age Description

Existing or more than 2 years old

Data Source: SBA.