PPP Loan information for Abel transmission inc

$46,900

Abel transmission inc was initially approved for PPP Loan of amount $46,900, the current approved amount is $46,900. The loan was approved on 05/08/2020 by The Thomaston Savings Bank reported 3 jobs and $46,900 was used to fund payroll.

Abel transmission inc is Existing or more than 2 years old

ABEL TRANSMISSION INC

Date Approved

05/08/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

ABEL TRANSMISSION INC

Borrower Address

130 Enterprise Dr

Borrower City

Bristol

Borrower State

CT

Borrower Zip

06010

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

46900.00

Current Approval Amount

46900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16495

Servicing Lender Name

Thomaston Savings Bank

Servicing Lender Address

203 Main St

Servicing Lender City

THOMASTON

Servicing Lender State

CT

Servicing Lender Zip

06787-1721

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bristol

Project County Name

HARTFORD

Project State

CT

Project Zip

06010-0001

CD

CT-01

Jobs Reported

3

NAICS Code

811113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

46900.00

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

Subchapter S Corporation

Originating Lender Location Id

16495

Originating Lender

Thomaston Savings Bank

Originating Lender City

THOMASTON

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

47100.75

Forgiveness Date

11/12/2020

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