PPP Loan information for Abec, inc

$4,590,127

Abec, inc was initially approved for PPP Loan of amount $4,590,127, the current approved amount is $4,590,127. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 320 jobs and $4,590,127 was used to fund payroll.

Abec, inc is Existing or more than 2 years old

PPP Loan Search / PA / Bethlehem / Abec, inc

ABEC, INC

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

ABEC, INC

Borrower Address

3998 Schelden Circle

Borrower City

Bethlehem

Borrower State

PA

Borrower Zip

18017

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4590127.00

Current Approval Amount

4590127.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

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

18017-0001

CD

PA-07

Jobs Reported

320

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

4127627.00

Mortgage Interest Proceed

0.00

Rent Proceed

51000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

375000.00

Debt Interest Proceed

16500

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4639926.73

Forgiveness Date

05/25/2021

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