PPP Loan information for Abatech industries inc

$543,897

Abatech industries inc was initially approved for PPP Loan of amount $543,897, the current approved amount is $543,897. The loan was approved on 02/10/2021 by The PNC Bank, National Association reported 57 jobs and $543,897 was used to fund payroll.

Abatech industries inc is Existing or more than 2 years old

PPP Loan Search / NJ / Scotch Plains / Abatech industries inc

ABATECH INDUSTRIES INC

Date Approved

02/10/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ABATECH INDUSTRIES INC

Borrower Address

1623 E 2nd St 1623 E 2nd St

Borrower City

Scotch Plains

Borrower State

NJ

Borrower Zip

07076-1605

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

543897.00

Current Approval Amount

543897.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Scotch Plains

Project County Name

UNION

Project State

NJ

Project Zip

07076-1605

CD

NJ-07

Jobs Reported

57

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

543894.00

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

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

547794.93

Forgiveness Date

10/28/2021

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