# PPP loan: ABACO ISLANDS INC
> **$349K** approved 08/07/2020 · Paid in Full · Loan `5458378208`
## Borrower
- **Name:** ABACO ISLANDS INC
- **Address:** 510 S BURNSIDE AVE APT 3A, LOS ANGELES, CA, 90036-3940
- **NAICS:** 621610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $349K
- **Initial approval:** $349K
- **Forgiven:** $353K (101%)
- **Forgiveness date:** 10/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $349K
- **Jobs reported:** 17
## Lender
- **Originating:** MBE Capital Partners
- **Servicing:** MBE Capital Partners (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*