PPP Loan information for Abraic inc.

$389,920

Abraic inc. was initially approved for PPP Loan of amount $389,920, the current approved amount is $389,920. The loan was approved on 02/20/2021 by The Bank of America, National Association reported 22 jobs and $389,920 was used to fund payroll.

Abraic inc. is Existing or more than 2 years old

PPP Loan Search / MA / Lincoln / Abraic inc.

ABRAIC INC.

Date Approved

02/20/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

ABRAIC INC.

Borrower Address

36 Goose Pond Rd

Borrower City

Lincoln

Borrower State

MA

Borrower Zip

01773-2500

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

389920.00

Current Approval Amount

389920.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lincoln

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01773-2500

CD

MA-05

Jobs Reported

22

NAICS Code

541618

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

389920.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

391885.62

Forgiveness Date

08/26/2021

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