PPP Loan information for Abstract power electronics corporation

$29,400

Abstract power electronics corporation was initially approved for PPP Loan of amount $29,400, the current approved amount is $29,400. The loan was approved on 04/11/2020 by The Waukesha State Bank reported 4 jobs and $29,400 was used to fund payroll.

Abstract power electronics corporation is Existing or more than 2 years old

ABSTRACT POWER ELECTRONICS CORPORATION

Date Approved

04/11/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

ABSTRACT POWER ELECTRONICS CORPORATION

Borrower Address

N57W39463 STATE ROAD 16

Borrower City

OCONOMOWOC

Borrower State

WI

Borrower Zip

53066-2182

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29400.00

Current Approval Amount

29400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76872

Servicing Lender Name

Waukesha State Bank

Servicing Lender Address

151 E St. Paul Ave

Servicing Lender City

WAUKESHA

Servicing Lender State

WI

Servicing Lender Zip

53188-3701

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OCONOMOWOC

Project County Name

WAUKESHA

Project State

WI

Project Zip

53066-2182

CD

WI-05

Jobs Reported

4

NAICS Code

335999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

29400.00

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

76872

Originating Lender

Waukesha State Bank

Originating Lender City

WAUKESHA

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

29706.08

Forgiveness Date

05/06/2021

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