# PPP loan: ABEL CINE TECH INC
> **$2.11M** approved 04/11/2020 · Paid in Full · Loan `3445407101`
## Borrower
- **Name:** ABEL CINE TECH INC
- **Address:** 88 35th Street, 4th Floor, BROOKLYN, NY, 11232
- **NAICS:** 425110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.11M
- **Initial approval:** $2.11M
- **Forgiven:** $2.13M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.11M
- **Jobs reported:** 134
## Lender
- **Originating:** Signature Bank
- **Servicing:** Signature Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*