PPP Loan information for Abco technology inc.

$94,708

Abco technology inc. was initially approved for PPP Loan of amount $94,708, the current approved amount is $94,708. The loan was approved on 03/30/2021 by The Devon Bank reported 8 jobs and $94,708 was used to fund payroll.

Abco technology inc. is Existing or more than 2 years old

ABCO TECHNOLOGY INC.

Date Approved

03/30/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

ABCO TECHNOLOGY INC.

Borrower Address

11222 S La Cienega Blvd Ste 588

Borrower City

Inglewood

Borrower State

CA

Borrower Zip

90304-1103

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

94707.50

Current Approval Amount

94707.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20543

Servicing Lender Name

Devon Bank

Servicing Lender Address

6445 N Western Ave

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60645-5590

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Inglewood

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90304-1103

CD

CA-43

Jobs Reported

8

NAICS Code

541512

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

94705.50

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

Subchapter S Corporation

Originating Lender Location Id

20543

Originating Lender

Devon Bank

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

95158.98

Forgiveness Date

09/22/2021

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