A AMERICAN BIO-TECH INC. (CT) - 2020 PPP Loan Borrower Profile (# 6877538501)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A AMERICAN BIO-TECH INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Connecticut.

Loan Detail

Loan Number

6877538501

SBA Office Code

0156

Processing Method

PPS

Curent Loan Amount

$71,706

Date Loan was Approved

Mar 4, 2021

Amount Forgiven

$72,094.98

Date Loan was Forgiven

Sep 23, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

71,701

Lender

Webster Bank National Association

Business Detail

Business Type

Corporation

NAICS

812910

Borrower Location

New Milford, CT

Project Location

New Milford, CT

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.