Abel Brothers Towing and Automotive
$297,900 PPP Loan in Malvern, Pennsylvania
Loan Details
- Loan Number
- 5725547003
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $297,900
- Current Approval
- $297,900
- Forgiveness Amount
- $300,585
- Forgiveness Date
- Mar 10, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Abel Brothers Towing and Automotive
- Address
- 3245 Phoenixville Pike
- City
- Malvern
- State
- Pennsylvania
- ZIP Code
- 19355-9600
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Transportation and Warehousing (488410)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 28
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- PA-06
Loan Use Breakdown
- Payroll
- $238,320
- Rent
- $29,790
- Utilities
- $5,958
- Health Care
- $23,832
Lender Information
- Servicing Lender
- The National Bank of Malvern
- Originating Lender
- The National Bank of Malvern
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