# PPP loan: ABM CONTROLS INC
> **$500K** approved 01/21/2021 · Paid in Full · Loan `2705458300`
## Borrower
- **Name:** ABM CONTROLS INC
- **Address:** 54 Cherry Ln, Floral Park, NY, 11001-1611
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $500K
- **Initial approval:** $500K
- **Forgiven:** $504K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $500K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** Israel Discount Bank of New York
- **Servicing:** Israel Discount Bank of New York (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*