ACM SCALLOP CORP (VA) - 2020 PPP Loan Borrower Profile (# 9833678401)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACM SCALLOP 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

9833678401

SBA Office Code

0304

Processing Method

PPS

Curent Loan Amount

$68,200

Date Loan was Approved

Feb 17, 2021

Amount Forgiven

$68,766.44

Date Loan was Forgiven

Dec 15, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

68,200

Lender

TowneBank

Business Detail

Business Type

Subchapter S Corporation

NAICS

114112

Borrower Location

Newport News, VA

Project Location

Newport News, 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.