PPP Loan information for Abec inc

$1,999,990

Abec inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $1,999,990. The loan was approved on 02/01/2021 by The Itria Ventures LLC reported 267 jobs and $1,999,990 was used to fund payroll.

Abec inc is Existing or more than 2 years old

ABEC INC

Date Approved

02/01/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

ABEC INC

Borrower Address

3998

Borrower City

BETHLEHEM

Borrower State

PA

Borrower Zip

18017

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

1999990.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529471

Servicing Lender Name

Itria Ventures LLC

Servicing Lender Address

One Penn Plaza, Suite 4530

Servicing Lender City

New York

Servicing Lender State

NY

Servicing Lender Zip

10119

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BETHLEHEM

Project County Name

NORTHAMPTON

Project State

PA

Project Zip

18017

CD

PA-07

Jobs Reported

267

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999988.00

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

529471

Originating Lender

Itria Ventures LLC

Originating Lender City

New York

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2019656.57

Forgiveness Date

02/16/2022

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