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The Abbott Tool, Inc.

$300,000 PPP Loan in Toledo, Ohio

Loan Details

Loan Number
6130557110
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$300,000
Current Approval
$300,000
Forgiveness Amount
$301,578
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
The Abbott Tool, Inc.
Address
405 Dura Ave
City
Toledo
State
Ohio
ZIP Code
43612-2619
Business Type
Corporation
Industry (NAICS)
Manufacturing (333514)
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
$6.0M
Rural/Urban
Urban
Congressional District
OH-09

Loan Use Breakdown

Payroll
$225,000
Utilities
$75,000

Lender Information

Servicing Lender
Signature Bank, National Association
Originating Lender
Signature Bank, National Association

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