PPP Loan information for Abbott rubber co., inc.

$1,031,053

Abbott rubber co., inc. was initially approved for PPP Loan of amount $1,031,053, the current approved amount is $1,031,053. The loan was approved on 04/06/2020 by The First American Bank reported 108 jobs and $1,031,053 was used to fund payroll.

Abbott rubber co., inc. is Existing or more than 2 years old

PPP Loan Search / IL / ELK GROVE VILLAGE / Abbott rubber co., inc.

ABBOTT RUBBER CO., INC.

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ABBOTT RUBBER CO., INC.

Borrower Address

1700 Nicholas Boulevard

Borrower City

ELK GROVE VILLAGE

Borrower State

IL

Borrower Zip

60007-5902

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1031053.05

Current Approval Amount

1031053.05

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21238

Servicing Lender Name

First American Bank

Servicing Lender Address

700 Busse Rd

Servicing Lender City

ELK GROVE VILLAGE

Servicing Lender State

IL

Servicing Lender Zip

60007-2137

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ELK GROVE VILLAGE

Project County Name

COOK

Project State

IL

Project Zip

60007-5902

CD

IL-03

Jobs Reported

108

NAICS Code

326220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1031053.05

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

21238

Originating Lender

First American Bank

Originating Lender City

ELK GROVE VILLAGE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1041077.18

Forgiveness Date

03/31/2021

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