PPP Loan information for A&b business inc.

$1,220,000

A&b business inc. was initially approved for PPP Loan of amount $1,220,000, the current approved amount is $1,220,000. The loan was approved on 01/29/2021 by The American Bank & Trust reported 96 jobs and $1,220,000 was used to fund payroll.

A&b business inc. is Existing or more than 2 years old

PPP Loan Search / SD / Sioux Falls / A&b business inc.

A&B BUSINESS INC.

Date Approved

01/29/2021

SBA Office Code

0876

Processing Method

PPS

Borrower Name

A&B BUSINESS INC.

Borrower Address

1600 N A Ave

Borrower City

Sioux Falls

Borrower State

SD

Borrower Zip

57104-0370

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1220000.00

Current Approval Amount

1220000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66723

Servicing Lender Name

American Bank & Trust

Servicing Lender Address

120 E Main St

Servicing Lender City

WESSINGTON SPRINGS

Servicing Lender State

SD

Servicing Lender Zip

57382

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sioux Falls

Project County Name

MINNEHAHA

Project State

SD

Project Zip

57104-0370

CD

SD-

Jobs Reported

96

NAICS Code

532420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1219998.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

66723

Originating Lender

American Bank & Trust

Originating Lender City

WESSINGTON SPRINGS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1235622.78

Forgiveness Date

05/10/2022

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