Abec INC

$2,000,000 PPP Loan in Bethlehem, Pennsylvania

Loan Details

Loan Number
1171728407
Date Approved
Feb 1, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$1,999,990
Forgiveness Amount
$2,019,657
Forgiveness Date
Feb 16, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Abec INC
Address
3998
ZIP Code
18017
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333249)
Business Age
Existing or more than 2 years old
Jobs Reported
267
Estimated Revenue
$69.9M
Rural/Urban
Urban
Congressional District
PA-07

Loan Use Breakdown

Payroll
$1,999,988
Utilities
$1

Lender Information

Servicing Lender
Itria Ventures LLC
Originating Lender
Itria Ventures LLC

Other PPP Loans in Bethlehem, PA

BusinessApproved
Just Born INC$10,000,000NewBizBotResearch
Abec, INC$4,590,127NewBizBotResearch
America's Staffing Partner, INC$4,035,500NewBizBotResearch
Albarell Electric, INC$4,000,000NewBizBotResearch
West Side Electrical Service, Inc.$3,882,986NewBizBotResearch

Want to research this company further?

Try NewBizBot free