PPP Loan information for Abco south electrical construction & design, llc

$937,900

Abco south electrical construction & design, llc was initially approved for PPP Loan of amount $937,900, the current approved amount is $937,900. The loan was approved on 04/11/2020 by The Providence Bank & Trust reported 40 jobs and $937,900 was used to fund payroll.

Abco south electrical construction & design, llc is Existing or more than 2 years old

PPP Loan Search / NC / HIGH POINT / Abco south electrical construction & design, llc

ABCO SOUTH ELECTRICAL CONSTRUCTION & DESIGN, LLC

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ABCO SOUTH ELECTRICAL CONSTRUCTION & DESIGN, LLC

Borrower Address

436 SOUTH RD

Borrower City

HIGH POINT

Borrower State

NC

Borrower Zip

27262-8155

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

937900.00

Current Approval Amount

937900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

397957

Servicing Lender Name

Providence Bank & Trust

Servicing Lender Address

630 E 162nd St

Servicing Lender City

SOUTH HOLLAND

Servicing Lender State

IL

Servicing Lender Zip

60473-2328

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HIGH POINT

Project County Name

GUILFORD

Project State

NC

Project Zip

27262-8155

CD

NC-06

Jobs Reported

40

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4816.00

Payroll Proceed

928084.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

397957

Originating Lender

Providence Bank & Trust

Originating Lender City

SOUTH HOLLAND

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

866324.44

Forgiveness Date

12/22/2020

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