Abec, INC
$4,590,127 PPP Loan in Bethlehem, Pennsylvania
Loan Details
- Loan Number
- 8141477104
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $4,590,127
- Current Approval
- $4,590,127
- Forgiveness Amount
- $4,639,927
- Forgiveness Date
- May 25, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Abec, INC
- Address
- 3998 Schelden Circle
- City
- Bethlehem
- State
- Pennsylvania
- ZIP Code
- 18017
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (333249)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 320
- Estimated Revenue
- $83.8M
- Rural/Urban
- Urban
- Congressional District
- PA-07
Loan Use Breakdown
- Payroll
- $4,127,627
- Rent
- $51,000
- Utilities
- $20,000
- Health Care
- $375,000
- Debt Interest
- $16,500
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
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