PPP Loan information for Abq inc

$315,500

Abq inc was initially approved for PPP Loan of amount $315,500, the current approved amount is $315,500. The loan was approved on 04/06/2020 by The The Park National Bank reported 24 jobs and $315,500 was used to fund payroll.

Abq inc is Existing or more than 2 years old

PPP Loan Search / NM / ALBUQUERQUE / Abq inc

ABQ INC

Date Approved

04/06/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

ABQ INC

Borrower Address

7800 LOMAS BLVD NE

Borrower City

ALBUQUERQUE

Borrower State

NM

Borrower Zip

87110-7416

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

315500.00

Current Approval Amount

315500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALBUQUERQUE

Project County Name

BERNALILLO

Project State

NM

Project Zip

87110-7416

CD

NM-01

Jobs Reported

24

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4800.00

Payroll Proceed

252400.00

Mortgage Interest Proceed

0.00

Rent Proceed

21563.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12600.00

Debt Interest Proceed

24137

Business Type

Subchapter S Corporation

Originating Lender Location Id

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

318032.64

Forgiveness Date

02/12/2021

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