PPP Loan information for Abutilon co. inc

$327,900

Abutilon co. inc was initially approved for PPP Loan of amount $327,900, the current approved amount is $327,900. The loan was approved on 01/26/2021 by The The Farmers & Merchants State Bank reported 25 jobs and $327,900 was used to fund payroll.

Abutilon co. inc is Existing or more than 2 years old

ABUTILON CO. INC

Date Approved

01/26/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

ABUTILON CO. INC

Borrower Address

701 N Westwood Ave

Borrower City

Toledo

Borrower State

OH

Borrower Zip

43607-3559

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

327900.00

Current Approval Amount

327900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53250

Servicing Lender Name

The Farmers & Merchants State Bank

Servicing Lender Address

307 N Defiance St

Servicing Lender City

ARCHBOLD

Servicing Lender State

OH

Servicing Lender Zip

43502-1162

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Toledo

Project County Name

LUCAS

Project State

OH

Project Zip

43607-3559

CD

OH-09

Jobs Reported

25

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

327895.00

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

53250

Originating Lender

The Farmers & Merchants State Bank

Originating Lender City

ARCHBOLD

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

329696.71

Forgiveness Date

08/23/2021

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