PPP Loan information for Abco bar and tube cutting, inc

$324,400

Abco bar and tube cutting, inc was initially approved for PPP Loan of amount $324,400, the current approved amount is $324,400. The loan was approved on 04/07/2020 by The Peoples Bank reported 31 jobs and $324,400 was used to fund payroll.

Abco bar and tube cutting, inc is Existing or more than 2 years old

ABCO BAR AND TUBE CUTTING, INC

Date Approved

04/07/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

ABCO BAR AND TUBE CUTTING, INC

Borrower Address

7685 STATE ROUTE 48 Ste 1

Borrower City

MAINEVILLE

Borrower State

OH

Borrower Zip

45039-8802

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

324400.00

Current Approval Amount

324400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MAINEVILLE

Project County Name

WARREN

Project State

OH

Project Zip

45039-8802

CD

OH-01

Jobs Reported

31

NAICS Code

332919

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

243300.00

Mortgage Interest Proceed

0.00

Rent Proceed

81100.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

327508.83

Forgiveness Date

04/08/2021

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