# PPP loan: ABBOTT INDUSTRIES INC
> **$527K** approved 08/08/2020 · Charged Off · Loan `5580348203`
## Borrower
- **Name:** ABBOTT INDUSTRIES INC
- **Address:** 225 WILLIAM ST, BENSENVILLE, IL, 60106-3324
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $527K
- **Initial approval:** $527K
- **Status:** Charged Off
- **Term:** 41 months
## Use of funds
- **Payroll:** $527K
- **Jobs reported:** 23
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*