ABO LEASING CORPORATION (IN) - 2020 PPP Loan Borrower Profile (# 2165477101)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABO LEASING CORPORATION. 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 Indiana.

Loan Detail

Loan Number

2165477101

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$5,045,000

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$5,103,052.05

Date Loan was Forgiven

Jun 15, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

5,045,000

Lender

Macatawa Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

561330

Borrower Location

PLYMOUTH, IN

Project Location

PLYMOUTH, IN

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

333

Business Age Description

Existing or more than 2 years old

Data Source: SBA.