PPP Loan information for Abell & son inc

$258,729

Abell & son inc was initially approved for PPP Loan of amount $258,729, the current approved amount is $258,729. The loan was approved on 04/07/2020 by The Merchants & Farmers Bank & Trust Company reported 23 jobs and $258,729 was used to fund payroll.

Abell & son inc is Existing or more than 2 years old

PPP Loan Search / LA / WELSH / Abell & son inc

ABELL & SON INC

Date Approved

04/07/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

ABELL & SON INC

Borrower Address

220 S. Adams Street

Borrower City

WELSH

Borrower State

LA

Borrower Zip

70591-4204

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

258729.00

Current Approval Amount

258729.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28364

Servicing Lender Name

Merchants & Farmers Bank & Trust Company

Servicing Lender Address

501 S Fifth St

Servicing Lender City

LEESVILLE

Servicing Lender State

LA

Servicing Lender Zip

71446-4435

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WELSH

Project County Name

JEFFERSON DAVIS

Project State

LA

Project Zip

70591-4204

CD

LA-03

Jobs Reported

23

NAICS Code

423820

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

64682.25

Payroll Proceed

194046.75

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

Corporation

Originating Lender Location Id

28364

Originating Lender

Merchants & Farmers Bank & Trust Company

Originating Lender City

LEESVILLE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

260195.13

Forgiveness Date

11/05/2020

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