ABUTILON CO. INC (OH) - 2020 PPP Loan Borrower Profile (# 6001358305)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABUTILON CO. 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 Ohio.

Loan Detail

Loan Number

6001358305

SBA Office Code

0549

Processing Method

PPS

Curent Loan Amount

$327,900

Date Loan was Approved

Jan 26, 2021

Amount Forgiven

$329,696.71

Date Loan was Forgiven

Aug 23, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

327,895

Lender

The Farmers & Merchants State Bank

Business Detail

Business Type

Corporation

NAICS

811111

Borrower Location

Toledo, OH

Project Location

Toledo, OH

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.