# PPP loan: ABCO PEERLESS CORPORATION
> **$610K** approved 04/28/2020 · Paid in Full · Loan `7996617208`
## Borrower
- **Name:** ABCO PEERLESS CORPORATION
- **Address:** 50 MIDLAND AVE, HICKSVILLE, NY, 11801
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $610K
- **Initial approval:** $610K
- **Forgiven:** $617K (101%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $610K
- **Jobs reported:** 55
## Lender
- **Originating:** Signature Bank
- **Servicing:** Signature Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*