PPP Loan information for Ab electronics inc

$369,900

Ab electronics inc was initially approved for PPP Loan of amount $369,900, the current approved amount is $369,900. The loan was approved on 04/28/2020 by The Union Savings Bank reported 36 jobs and $369,900 was used to fund payroll.

Ab electronics inc is Existing or more than 2 years old

AB ELECTRONICS INC

Date Approved

04/28/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

AB ELECTRONICS INC

Borrower Address

61 COMMERCE DR

Borrower City

BROOKFIELD

Borrower State

CT

Borrower Zip

06804-3405

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

369900.00

Current Approval Amount

369900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16112

Servicing Lender Name

Union Savings Bank

Servicing Lender Address

226 Main St

Servicing Lender City

DANBURY

Servicing Lender State

CT

Servicing Lender Zip

06810-6635

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROOKFIELD

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06804-3405

CD

CT-05

Jobs Reported

36

NAICS Code

334418

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

369900.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

16112

Originating Lender

Union Savings Bank

Originating Lender City

DANBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

361649.51

Forgiveness Date

11/03/2020

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