PPP Loan information for Abs verticon inc

$488,700

Abs verticon inc was initially approved for PPP Loan of amount $488,700, the current approved amount is $488,700. The loan was approved on 04/27/2020 by The Virginia Partners Bank reported 26 jobs and $488,700 was used to fund payroll.

Abs verticon inc is New Business or 2 years or less

PPP Loan Search / MD / CROFTON / Abs verticon inc

ABS VERTICON INC

Date Approved

04/27/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

ABS VERTICON INC

Borrower Address

2142 PRIEST BRIDGE CT

Borrower City

CROFTON

Borrower State

MD

Borrower Zip

21114-2545

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

488700.00

Current Approval Amount

488700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

457564

Servicing Lender Name

Virginia Partners Bank

Servicing Lender Address

410 William St

Servicing Lender City

FREDERICKSBURG

Servicing Lender State

VA

Servicing Lender Zip

22401-5834

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CROFTON

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21114-2545

CD

MD-05

Jobs Reported

26

NAICS Code

238290

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

488700.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

457564

Originating Lender

Virginia Partners Bank

Originating Lender City

FREDERICKSBURG

Originating Lender State

VA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

493817.78

Forgiveness Date

05/18/2021

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