# PPP loan: ABBOTT SUPPLY COMPANY INC
> **$248K** approved 04/04/2020 · Paid in Full · Loan `4961717003`
## Borrower
- **Name:** ABBOTT SUPPLY COMPANY INC
- **Address:** 3106 Hwy 65 North P. O. Box 170, MC GEHEE, AR, 71654-9447
- **NAICS:** 221310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 02/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $248K
- **Jobs reported:** 20
## Lender
- **Originating:** McGehee Bank
- **Servicing:** McGehee Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*