PPP Loan information for Abel brothers towing and automotive

$297,900

Abel brothers towing and automotive was initially approved for PPP Loan of amount $297,900, the current approved amount is $297,900. The loan was approved on 04/06/2020 by The The National Bank of Malvern reported 28 jobs and $297,900 was used to fund payroll.

Abel brothers towing and automotive is Existing or more than 2 years old

ABEL BROTHERS TOWING AND AUTOMOTIVE

Date Approved

04/06/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

ABEL BROTHERS TOWING AND AUTOMOTIVE

Borrower Address

3245 PHOENIXVILLE PIKE

Borrower City

MALVERN

Borrower State

PA

Borrower Zip

19355-9600

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

297900.00

Current Approval Amount

297900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61003

Servicing Lender Name

The National Bank of Malvern

Servicing Lender Address

King St & Warren Ave

Servicing Lender City

MALVERN

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MALVERN

Project County Name

CHESTER

Project State

PA

Project Zip

19355-9600

CD

PA-06

Jobs Reported

28

NAICS Code

488410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5958.00

Payroll Proceed

238320.00

Mortgage Interest Proceed

0.00

Rent Proceed

29790.00

Refinance EIDL Proceed

0.00

Health Care Proceed

23832.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

61003

Originating Lender

The National Bank of Malvern

Originating Lender City

MALVERN

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

300585.18

Forgiveness Date

03/10/2021

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