ABILITY CENTER OF VIRGINIA (VA) - 2020 PPP Loan Borrower Profile (# 5748797000)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ABILITY CENTER OF VIRGINIA. 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 Virginia.
Loan Detail
Loan Number
5748797000
SBA Office Code
0304
Processing Method
PPP
Curent Loan Amount
$46,700
Date Loan was Approved
Apr 6, 2020
Amount Forgiven
$47,056.74
Date Loan was Forgiven
Jan 28, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
1,100
Payroll Proced
45,600
Lender
The Old Point National Bank of Phoebus
Business Detail
Business Type
Non-Profit Organization
NAICS
624120
Borrower Location
VIRGINIA BEACH, VA
Project Location
VIRGINIA BEACH, VA
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
12
Business Age Description
Existing or more than 2 years old
Data Source: SBA.