Abco Automation, Inc.

$2,127,300 PPP Loan in Browns Summit, North Carolina

Loan Details

Loan Number
8359827007
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$2,127,300
Current Approval
$2,127,300
Forgiveness Amount
$2,151,646
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Abco Automation, Inc.
Address
6202 Technology Dr
ZIP Code
27214-9702
Business Type
Employee Stock Ownership Plan(esop)
Industry (NAICS)
Manufacturing (333249)
Business Age
Existing or more than 2 years old
Jobs Reported
126
Estimated Revenue
$33.0M
Rural/Urban
Urban
Congressional District
NC-06

Loan Use Breakdown

Payroll
$2,127,300

Lender Information

Servicing Lender
First National Bank of Pennsylvania
Originating Lender
First National Bank of Pennsylvania

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