PPP Loan information for Abbott house inc

$855,000

Abbott house inc was initially approved for PPP Loan of amount $855,000, the current approved amount is $855,000. The loan was approved on 04/06/2020 by The CorTrust Bank National Association reported 107 jobs and $855,000 was used to fund payroll.

Abbott house inc is Existing or more than 2 years old

PPP Loan Search / SD / MITCHELL / Abbott house inc

ABBOTT HOUSE INC

Date Approved

04/06/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

ABBOTT HOUSE INC

Borrower Address

909 Court Merrill St

Borrower City

MITCHELL

Borrower State

SD

Borrower Zip

57301-4362

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

855000.00

Current Approval Amount

855000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66414

Servicing Lender Name

CorTrust Bank National Association

Servicing Lender Address

100 E Havens Ave

Servicing Lender City

MITCHELL

Servicing Lender State

SD

Servicing Lender Zip

57301-4026

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MITCHELL

Project County Name

DAVISON

Project State

SD

Project Zip

57301-4362

CD

SD-

Jobs Reported

107

NAICS Code

623990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

18890.00

Payroll Proceed

684058.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

152052.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

66414

Originating Lender

CorTrust Bank National Association

Originating Lender City

MITCHELL

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

862425.62

Forgiveness Date

02/25/2021

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