PPP Loan information for Abco automation, inc.

$2,127,300

Abco automation, inc. was initially approved for PPP Loan of amount $2,127,300, the current approved amount is $2,127,300. The loan was approved on 04/08/2020 by The First National Bank of Pennsylvania reported 126 jobs and $2,127,300 was used to fund payroll.

Abco automation, inc. is Existing or more than 2 years old

PPP Loan Search / NC / BROWNS SUMMIT / Abco automation, inc.

ABCO AUTOMATION, INC.

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ABCO AUTOMATION, INC.

Borrower Address

6202 TECHNOLOGY DR

Borrower City

BROWNS SUMMIT

Borrower State

NC

Borrower Zip

27214-9702

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2127300.00

Current Approval Amount

2127300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROWNS SUMMIT

Project County Name

GUILFORD

Project State

NC

Project Zip

27214-9702

CD

NC-06

Jobs Reported

126

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2127300.00

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

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2151645.77

Forgiveness Date

06/11/2021

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