PPP Loan information for Abcott institute, inc.

$164,635

Abcott institute, inc. was initially approved for PPP Loan of amount $164,635, the current approved amount is $164,635. The loan was approved on 04/28/2020 by The Credit Union One reported 25 jobs and $164,635 was used to fund payroll.

Abcott institute, inc. is Existing or more than 2 years old

PPP Loan Search / MI / SOUTHFIELD / Abcott institute, inc.

ABCOTT INSTITUTE, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ABCOTT INSTITUTE, INC.

Borrower Address

16250 NORTHLAND DR

Borrower City

SOUTHFIELD

Borrower State

MI

Borrower Zip

48075-5227

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

164635.47

Current Approval Amount

164635.48

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98922

Servicing Lender Name

Credit Union One

Servicing Lender Address

400 E 9 Mile Rd

Servicing Lender City

FERNDALE

Servicing Lender State

MI

Servicing Lender Zip

48220-1774

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTHFIELD

Project County Name

OAKLAND

Project State

MI

Project Zip

48075-5227

CD

MI-12

Jobs Reported

25

NAICS Code

611519

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2635.00

Payroll Proceed

130000.48

Mortgage Interest Proceed

0.00

Rent Proceed

32000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

98922

Originating Lender

Credit Union One

Originating Lender City

FERNDALE

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

166755.44

Forgiveness Date

08/19/2021

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