PPP Loan information for Abs electric inc

$118,170

Abs electric inc was initially approved for PPP Loan of amount $118,170, the current approved amount is $118,170. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 7 jobs and $118,170 was used to fund payroll.

Abs electric inc is Existing or more than 2 years old

PPP Loan Search / IL / DOWNERS GROVE / Abs electric inc

ABS ELECTRIC INC

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ABS ELECTRIC INC

Borrower Address

6328 FAIRMOUNT AVE

Borrower City

DOWNERS GROVE

Borrower State

IL

Borrower Zip

60516

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

118170.00

Current Approval Amount

118170.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DOWNERS GROVE

Project County Name

DUPAGE

Project State

IL

Project Zip

60516-0002

CD

IL-06

Jobs Reported

7

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

102106.00

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10064.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

119003.16

Forgiveness Date

01/19/2021

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