PPP Loan information for Abell elevator international

$514,000

Abell elevator international was initially approved for PPP Loan of amount $514,000, the current approved amount is $514,000. The loan was approved on 04/06/2020 by The German American Bank reported 26 jobs and $514,000 was used to fund payroll.

Abell elevator international is Existing or more than 2 years old

ABELL ELEVATOR INTERNATIONAL

Date Approved

04/06/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

ABELL ELEVATOR INTERNATIONAL

Borrower Address

1256 LOGAN ST

Borrower City

LOUISVILLE

Borrower State

KY

Borrower Zip

40204-2484

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

514000.00

Current Approval Amount

514000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LOUISVILLE

Project County Name

JEFFERSON

Project State

KY

Project Zip

40204-2484

CD

KY-03

Jobs Reported

26

NAICS Code

238290

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

514000.00

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

Corporation

Originating Lender Location Id

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

517928.93

Forgiveness Date

01/20/2021

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