PPP Loan information for Abbott furnace company

$1,300,140

Abbott furnace company was initially approved for PPP Loan of amount $1,300,140, the current approved amount is $1,300,140. The loan was approved on 02/13/2021 by The Northwest Bank reported 70 jobs and $1,300,140 was used to fund payroll.

Abbott furnace company is Existing or more than 2 years old

ABBOTT FURNACE COMPANY

Date Approved

02/13/2021

SBA Office Code

0358

Processing Method

PPS

Borrower Name

ABBOTT FURNACE COMPANY

Borrower Address

1068 Trout Run Rd

Borrower City

Saint Marys

Borrower State

PA

Borrower Zip

15857-3146

Loan Status Date

05/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1300140.00

Current Approval Amount

1300140.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78723

Servicing Lender Name

Northwest Bank

Servicing Lender Address

Liberty & Second St

Servicing Lender City

WARREN

Servicing Lender State

PA

Servicing Lender Zip

16365

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saint Marys

Project County Name

ELK

Project State

PA

Project Zip

15857-3146

CD

PA-15

Jobs Reported

70

NAICS Code

332510

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1300135.00

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

78723

Originating Lender

Northwest Bank

Originating Lender City

WARREN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1314958.03

Forgiveness Date

04/11/2022

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