ABATECH INDUSTRIES INC (NJ) - 2020 PPP Loan Borrower Profile (# 6613348401)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABATECH INDUSTRIES 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 New Jersey.

Loan Detail

Loan Number

6613348401

SBA Office Code

0299

Processing Method

PPS

Curent Loan Amount

$543,897

Date Loan was Approved

Feb 10, 2021

Amount Forgiven

$547,794.93

Date Loan was Forgiven

Oct 28, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

543,894

Lender

PNC Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

238990

Borrower Location

Scotch Plains, NJ

Project Location

Scotch Plains, NJ

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.