PPP Loan information for Abbitt management llc

$740,200

Abbitt management llc was initially approved for PPP Loan of amount $740,200, the current approved amount is $740,200. The loan was approved on 04/08/2020 by The The Old Point National Bank of Phoebus reported 87 jobs and $740,200 was used to fund payroll.

Abbitt management llc is Existing or more than 2 years old

PPP Loan Search / VA / NEWPORT NEWS / Abbitt management llc

ABBITT MANAGEMENT LLC

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ABBITT MANAGEMENT LLC

Borrower Address

11835 FISHING POINT DR Suite 101

Borrower City

NEWPORT NEWS

Borrower State

VA

Borrower Zip

23606-2503

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

740200.00

Current Approval Amount

740200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73444

Servicing Lender Name

The Old Point National Bank of Phoebus

Servicing Lender Address

1 W Mellen St

Servicing Lender City

HAMPTON

Servicing Lender State

VA

Servicing Lender Zip

23663-2305

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWPORT NEWS

Project County Name

NEWPORT NEWS CITY

Project State

VA

Project Zip

23606-2503

CD

VA-03

Jobs Reported

87

NAICS Code

531210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2100.00

Payroll Proceed

724900.00

Mortgage Interest Proceed

0.00

Rent Proceed

13200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

73444

Originating Lender

The Old Point National Bank of Phoebus

Originating Lender City

HAMPTON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

745175.79

Forgiveness Date

12/23/2020

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