# PPP loan: ABBOTT ELECTRIC, INC.
> **$458K** approved 04/10/2020 · Paid in Full · Loan `1851027101`
## Borrower
- **Name:** ABBOTT ELECTRIC, INC.
- **Address:** 1935 Allen AVE SE, CANTON, OH, 44707-3605
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $458K
- **Initial approval:** $458K
- **Forgiven:** $462K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $458K
- **Jobs reported:** 110
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*