ABACUS AUTOMATION, INC. (VT) - 2020 PPP Loan Borrower Profile (# 1242787100)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABACUS AUTOMATION, 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 Vermont.

Loan Detail

Loan Number

1242787100

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$648,037

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$652,465.25

Date Loan was Forgiven

Dec 21, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

648,037

Lender

TD Bank, National Association

Business Detail

Business Type

Corporation

NAICS

333999

Borrower Location

BENNINGTON, VT

Project Location

BENNINGTON, VT

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.