ABC CARPETS (WV) - 2020 PPP Loan Borrower Profile (# 2825207402)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABC CARPETS. 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 West Virginia.

Loan Detail

Loan Number

2825207402

SBA Office Code

0390

Processing Method

PPP

Curent Loan Amount

$32,400

Date Loan was Approved

May 6, 2020

Amount Forgiven

$32,622.3

Date Loan was Forgiven

Jan 14, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

3,240

Payroll Proced

25,920

Rent Proceed

3,240

Lender

Peoples Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

442210

Borrower Location

SCARBRO, WV

Project Location

SCARBRO, WV

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.