PPP Loan information for Abbott plastics & supply co

$515,188

Abbott plastics & supply co was initially approved for PPP Loan of amount $515,188, the current approved amount is $515,188. The loan was approved on 04/15/2020 by The Midland States Bank reported 39 jobs and $515,188 was used to fund payroll.

Abbott plastics & supply co is Existing or more than 2 years old

ABBOTT PLASTICS & SUPPLY CO

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ABBOTT PLASTICS & SUPPLY CO

Borrower Address

3302 Lonergan Drive

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61109

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

515188.12

Current Approval Amount

515188.12

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21299

Servicing Lender Name

Midland States Bank

Servicing Lender Address

110 S. 5th St

Servicing Lender City

EFFINGHAM

Servicing Lender State

IL

Servicing Lender Zip

62401-2453

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61109-0600

CD

IL-17

Jobs Reported

39

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

515188.12

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

21299

Originating Lender

Midland States Bank

Originating Lender City

EFFINGHAM

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

518039.30

Forgiveness Date

11/12/2020

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