AC 3 INC (VA) - 2020 PPP Loan Borrower Profile (# 6036468706)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AC 3 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 Virginia.

Loan Detail

Loan Number

6036468706

SBA Office Code

0304

Processing Method

PPS

Curent Loan Amount

$82,851

Date Loan was Approved

Apr 3, 2021

Amount Forgiven

$83,870.53

Date Loan was Forgiven

Jun 23, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

82,849

Lender

TowneBank

Business Detail

Business Type

Subchapter S Corporation

NAICS

451120

Borrower Location

Portsmouth, VA

Project Location

Portsmouth, VA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.