PPP Loan information for Abbott bus lines inc

$549,700

Abbott bus lines inc was initially approved for PPP Loan of amount $549,700, the current approved amount is $549,700. The loan was approved on 04/30/2020 by The First-Citizens Bank & Trust Company reported 24 jobs and $549,700 was used to fund payroll.

Abbott bus lines inc is New Business or 2 years or less

ABBOTT BUS LINES INC

Date Approved

04/30/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ABBOTT BUS LINES INC

Borrower Address

1704 GRANBY ST NE

Borrower City

ROANOKE

Borrower State

VA

Borrower Zip

24012-5604

Loan Status Date

05/11/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

549700.00

Current Approval Amount

549700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ROANOKE

Project County Name

ROANOKE CITY

Project State

VA

Project Zip

24012-5604

CD

VA-06

Jobs Reported

24

NAICS Code

485510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

549700.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

349170.52

Forgiveness Date

08/26/2021

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