PPP Loan information for Abel truck and automotive supply inc.

$164,422

Abel truck and automotive supply inc. was initially approved for PPP Loan of amount $164,422, the current approved amount is $164,422. The loan was approved on 03/10/2021 by The Loan Source Incorporated reported 16 jobs and $164,422 was used to fund payroll.

Abel truck and automotive supply inc. is Existing or more than 2 years old

PPP Loan Search / OH / Independence / Abel truck and automotive supply inc.

ABEL TRUCK AND AUTOMOTIVE SUPPLY INC.

Date Approved

03/10/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

ABEL TRUCK AND AUTOMOTIVE SUPPLY INC.

Borrower Address

6900 Granger Rd

Borrower City

Independence

Borrower State

OH

Borrower Zip

44131-1414

Loan Status Date

08/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

164422.00

Current Approval Amount

164422.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Independence

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44131-1414

CD

OH-07

Jobs Reported

16

NAICS Code

441310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

164418.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

166642.82

Forgiveness Date

07/25/2022

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