ABEC, INC (PA) - 2020 PPP Loan Borrower Profile (# 8141477104)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ABEC, 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 Pennsylvania.
Loan Detail
Loan Number
8141477104
SBA Office Code
0303
Processing Method
PPP
Curent Loan Amount
$4,590,127
Date Loan was Approved
Apr 15, 2020
Amount Forgiven
$4,639,926.73
Date Loan was Forgiven
May 25, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
20,000
Payroll Proced
4,127,627
Mortgage Interest Proceed
0
Rent Proceed
51,000
Refinance EIDL Proceed
0
Health Care Proceed
375,000
Debt Interest Proceed
16,500
Lender
Manufacturers and Traders Trust Company
Business Detail
Business Type
Subchapter S Corporation
NAICS
333249
Borrower Location
Bethlehem, PA
Project Location
Bethlehem, PA
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
320
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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