PPP Loan information for Abal technologies inc

$991,470

Abal technologies inc was initially approved for PPP Loan of amount $991,470, the current approved amount is $991,470. The loan was approved on 04/14/2020 by The Santander Bank, National Association reported 44 jobs and $991,470 was used to fund payroll.

Abal technologies inc is Existing or more than 2 years old

ABAL TECHNOLOGIES INC

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ABAL TECHNOLOGIES INC

Borrower Address

3525 Quakerbridge Rd

Borrower City

Hamilton

Borrower State

NJ

Borrower Zip

08619

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

991470.00

Current Approval Amount

991470.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hamilton

Project County Name

MERCER

Project State

NJ

Project Zip

08619-0001

CD

NJ-03

Jobs Reported

44

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

991470.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1000461.14

Forgiveness Date

03/18/2021

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