AC POTOMAC OPS 1, LLC (VA) - 2020 PPP Loan Borrower Profile (# 5154067007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AC POTOMAC OPS 1, 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

5154067007

SBA Office Code

0304

Processing Method

PPP

Curent Loan Amount

$267,786

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$270,361.15

Date Loan was Forgiven

Mar 31, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

225,000

Mortgage Interest Proceed

25,000

Health Care Proceed

17,786

Lender

Stearns Bank National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

811111

Borrower Location

SUFFOLK, VA

Project Location

SUFFOLK, VA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.