PPP Loan information for Abatetek, inc.

$158,250

Abatetek, inc. was initially approved for PPP Loan of amount $158,250, the current approved amount is $158,250. The loan was approved on 04/10/2020 by The Northern State Bank of Virginia reported 4 jobs and $158,250 was used to fund payroll.

Abatetek, inc. is Existing or more than 2 years old

PPP Loan Search / MN / HIBBING / Abatetek, inc.

ABATETEK, INC.

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ABATETEK, INC.

Borrower Address

220 EAST PARK DR

Borrower City

HIBBING

Borrower State

MN

Borrower Zip

55746-2336

Loan Status Date

03/26/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

158250.00

Current Approval Amount

158250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38972

Servicing Lender Name

Northern State Bank of Virginia

Servicing Lender Address

600 Chestnut St

Servicing Lender City

VIRGINIA

Servicing Lender State

MN

Servicing Lender Zip

55792-2534

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HIBBING

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55746-2336

CD

MN-08

Jobs Reported

4

NAICS Code

562910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15825.00

Payroll Proceed

142425.00

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

38972

Originating Lender

Northern State Bank of Virginia

Originating Lender City

VIRGINIA

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

160808.38

Forgiveness Date

11/24/2021

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