A&B ACHIEVEMENTS INC (NY) - 2020 PPP Loan Borrower Profile (# 2604097304)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A&B ACHIEVEMENTS INC. 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 New York.

Loan Detail

Loan Number

2604097304

SBA Office Code

0202

Processing Method

PPP

Curent Loan Amount

$7,500

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$7,575.41

Date Loan was Forgiven

May 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

525

Payroll Proced

6,000

Mortgage Interest Proceed

Rent Proceed

975

Health Care Proceed

Debt Interest Proceed

Lender

American Express National Bank

Business Detail

Business Type

Corporation

NAICS

611710

Borrower Location

Brooklyn, NY

Project Location

Brooklyn, NY

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.