PPP Loan information for Abacus distributing llc

$269,400

Abacus distributing llc was initially approved for PPP Loan of amount $269,400, the current approved amount is $269,400. The loan was approved on 04/06/2020 by The Cornerstone Bank reported 21 jobs and $269,400 was used to fund payroll.

Abacus distributing llc is Existing or more than 2 years old

PPP Loan Search / MA / SOUTHBRIDGE / Abacus distributing llc

ABACUS DISTRIBUTING LLC

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ABACUS DISTRIBUTING LLC

Borrower Address

60 MILL ST

Borrower City

SOUTHBRIDGE

Borrower State

MA

Borrower Zip

01550-1124

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

269400.00

Current Approval Amount

269400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33352

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

230 Park Ave

Servicing Lender City

WORCESTER

Servicing Lender State

MA

Servicing Lender Zip

01609-1918

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SOUTHBRIDGE

Project County Name

WORCESTER

Project State

MA

Project Zip

01550-1124

CD

MA-01

Jobs Reported

21

NAICS Code

424820

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

269400.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

33352

Originating Lender

Cornerstone Bank

Originating Lender City

WORCESTER

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

270859.25

Forgiveness Date

11/05/2020

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