# PPP loan: ABBOTT CONTRACTING CO
> **$159K** approved 05/01/2020 · Paid in Full · Loan `8278997304`
## Borrower
- **Name:** ABBOTT CONTRACTING CO
- **Address:** 36 elizabeth Street, Hackensack, NJ, 07601
- **NAICS:** 236115
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $159K
- **Initial approval:** $159K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $159K
- **Jobs reported:** 10
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*