ABC CONTRACTING CORP (VA) - 2020 PPP Loan Borrower Profile (# 4562007103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABC CONTRACTING CORP. 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 Virginia.

Loan Detail

Loan Number

4562007103

SBA Office Code

0304

Processing Method

PPP

Curent Loan Amount

$67,800

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$68,536.38

Date Loan was Forgiven

May 21, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

67,800

Lender

TowneBank

Business Detail

Business Type

Subchapter S Corporation

NAICS

238160

Borrower Location

VIRGINIA BEACH, VA

Project Location

VIRGINIA BEACH, VA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.