# PPP loan: ABBCO SERVICE CORPORATION
> **$2.53M** approved 04/27/2020 · Paid in Full · Loan `5205607200`
## Borrower
- **Name:** ABBCO SERVICE CORPORATION
- **Address:** 2125 GRAVOIS AVE, ST LOUIS, MO, 63104
- **NAICS:** 561720
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.53M
- **Initial approval:** $2.53M
- **Forgiven:** $2.56M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.03M
- **Rent:** $506K
- **Jobs reported:** 500
## Lender
- **Originating:** Carrollton Bank
- **Servicing:** Carrollton Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*