# PPP loan: ABCO BAR AND TUBE CUTTING, INC
> **$324K** approved 04/07/2020 · Paid in Full · Loan `7487027003`
## Borrower
- **Name:** ABCO BAR AND TUBE CUTTING, INC
- **Address:** 7685 STATE ROUTE 48 Ste 1, MAINEVILLE, OH, 45039-8802
- **NAICS:** 332919
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $324K
- **Initial approval:** $324K
- **Forgiven:** $328K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $243K
- **Rent:** $81K
- **Jobs reported:** 31
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*