PPP Loan information for Abels financial ltd

$20,240

Abels financial ltd was initially approved for PPP Loan of amount $20,240, the current approved amount is $20,240. The loan was approved on 04/07/2020 by The NSB Bank reported 3 jobs and $20,240 was used to fund payroll.

Abels financial ltd is New Business or 2 years or less

ABELS FINANCIAL LTD

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

ABELS FINANCIAL LTD

Borrower Address

205 S. CLARK ST

Borrower City

FOREST CITY

Borrower State

IA

Borrower Zip

50436-1810

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20240.00

Current Approval Amount

20240.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25313

Servicing Lender Name

NSB Bank

Servicing Lender Address

2650 4th St SW

Servicing Lender City

MASON CITY

Servicing Lender State

IA

Servicing Lender Zip

50401-4651

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FOREST CITY

Project County Name

WINNEBAGO

Project State

IA

Project Zip

50436-1810

CD

IA-04

Jobs Reported

3

NAICS Code

523999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

422.00

Payroll Proceed

16192.00

Mortgage Interest Proceed

1262.00

Rent Proceed

1578.24

Refinance EIDL Proceed

0.00

Health Care Proceed

785.76

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25313

Originating Lender

NSB Bank

Originating Lender City

MASON CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20388.06

Forgiveness Date

01/07/2021

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