PPP Loan information for Ab industrial equipment company

$43,050

Ab industrial equipment company was initially approved for PPP Loan of amount $43,050, the current approved amount is $43,050. The loan was approved on 03/23/2021 by The Republic First Bank d/b/a Republic Bank reported 2 jobs and $43,050 was used to fund payroll.

Ab industrial equipment company is Existing or more than 2 years old

AB INDUSTRIAL EQUIPMENT COMPANY

Date Approved

03/23/2021

SBA Office Code

0303

Processing Method

PPP

Borrower Name

AB INDUSTRIAL EQUIPMENT COMPANY

Borrower Address

109 Robbins Rd

Borrower City

Downingtown

Borrower State

PA

Borrower Zip

19335-3411

Loan Status Date

08/02/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

43050.00

Current Approval Amount

43050.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112477

Servicing Lender Name

Republic First Bank d/b/a Republic Bank

Servicing Lender Address

50 S 16th St, Ste 2400

Servicing Lender City

PHILADELPHIA

Servicing Lender State

PA

Servicing Lender Zip

19102-2526

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Downingtown

Project County Name

CHESTER

Project State

PA

Project Zip

19335-3411

CD

PA-06

Jobs Reported

2

NAICS Code

423440

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

43047.00

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

112477

Originating Lender

Republic First Bank d/b/a Republic Bank

Originating Lender City

PHILADELPHIA

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

43606.70

Forgiveness Date

07/19/2022

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