ABRAHAM AUTOMOTIVE INC (VA) - 2020 PPP Loan Borrower Profile (# 5121227708)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABRAHAM AUTOMOTIVE 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 Virginia.

Loan Detail

Loan Number

5121227708

SBA Office Code

0304

Processing Method

PPP

Curent Loan Amount

$24,299

Date Loan was Approved

May 1, 2020

Amount Forgiven

$20,511.04

Date Loan was Forgiven

May 20, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

24,299

Lender

Bank of America, National Association

Business Detail

Business Type

Corporation

NAICS

811111

Borrower Location

CHESAPEAKE, VA

Project Location

CHESAPEAKE, VA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.