PPP Loan information for Abstract tool, inc.

$38,258

Abstract tool, inc. was initially approved for PPP Loan of amount $38,258, the current approved amount is $38,258. The loan was approved on 04/14/2020 by The Essex Savings Bank reported 6 jobs and $38,258 was used to fund payroll.

Abstract tool, inc. is Existing or more than 2 years old

ABSTRACT TOOL, INC.

Date Approved

04/14/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

ABSTRACT TOOL, INC.

Borrower Address

500 MAIN ST Unit 12

Borrower City

DEEP RIVER

Borrower State

CT

Borrower Zip

06417-2000

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38258.00

Current Approval Amount

38258.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16143

Servicing Lender Name

Essex Savings Bank

Servicing Lender Address

35 Plains Rd

Servicing Lender City

ESSEX

Servicing Lender State

CT

Servicing Lender Zip

06426-1503

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DEEP RIVER

Project County Name

MIDDLESEX

Project State

CT

Project Zip

06417-2000

CD

CT-02

Jobs Reported

6

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2013.00

Payroll Proceed

32334.00

Mortgage Interest Proceed

0.00

Rent Proceed

3911.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

16143

Originating Lender

Essex Savings Bank

Originating Lender City

ESSEX

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

38486.50

Forgiveness Date

11/30/2020

;