ABSON LLC (AL) - 2020 PPP Loan Borrower Profile (# 8879557710)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABSON 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 Alabama.

Loan Detail

Loan Number

8879557710

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$102,501

Date Loan was Approved

May 1, 2020

Amount Forgiven

$104,053.96

Date Loan was Forgiven

Nov 17, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

102,501

Lender

Cross River Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

Borrower Location

Rainbow City, AL

Project Location

Rainbow City, AL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.