ABCO INDUSTRIAL SOLUTIONS, LLC (VA) - 2020 PPP Loan Borrower Profile (# 3319247808)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ABCO INDUSTRIAL SOLUTIONS, 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 Virginia.
Loan Detail
Loan Number
3319247808
SBA Office Code
0304
Processing Method
PPP
Curent Loan Amount
$28,200
Date Loan was Approved
May 26, 2020
Amount Forgiven
$28,477.3
Date Loan was Forgiven
May 18, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
28,200
Lender
Village Bank
Business Detail
Business Type
Subchapter S Corporation
NAICS
541420
Borrower Location
MECHANICSVILLE, VA
Project Location
MECHANICSVILLE, VA
Rural/Urban
Rural
Hubzone
Yes
Labor Market Information (LMI)
No
Jobs Reported
3
Business Age Description
Existing or more than 2 years old
Data Source: SBA.