PPP Loan information for Abbett electric corp

$1,154,763

Abbett electric corp was initially approved for PPP Loan of amount $1,154,763, the current approved amount is $1,154,763. The loan was approved on 03/13/2021 by The Heritage Bank of Commerce reported 48 jobs and $1,154,763 was used to fund payroll.

Abbett electric corp is Existing or more than 2 years old

ABBETT ELECTRIC CORP

Date Approved

03/13/2021

SBA Office Code

0912

Processing Method

PPS

Borrower Name

ABBETT ELECTRIC CORP

Borrower Address

1850 Bryant St 1850 Bryant St San Fran Ca 94110

Borrower City

San Francisco

Borrower State

CA

Borrower Zip

94110-1407

Loan Status Date

10/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1154762.50

Current Approval Amount

1154762.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119056

Servicing Lender Name

Heritage Bank of Commerce

Servicing Lender Address

224 Airport Pkwy

Servicing Lender City

SAN JOSE

Servicing Lender State

CA

Servicing Lender Zip

95110

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

San Francisco

Project County Name

SAN FRANCISCO

Project State

CA

Project Zip

94110-1407

CD

CA-11

Jobs Reported

48

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1154762.50

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

119056

Originating Lender

Heritage Bank of Commerce

Originating Lender City

SAN JOSE

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1171846.66

Forgiveness Date

09/09/2022

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