ABE WELLS II (VA) - 2020 PPP Loan Borrower Profile (# 7098937208)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABE WELLS II. 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

7098937208

SBA Office Code

0304

Processing Method

PPP

Curent Loan Amount

$11,700

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$10,347.93

Date Loan was Forgiven

Nov 3, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

11,700

Lender

Miners Exchange Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

531210

Borrower Location

WISE, VA

Project Location

WISE, VA

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.