PPP Loan information for Abacus software systems corporation

$242,000

Abacus software systems corporation was initially approved for PPP Loan of amount $242,000, the current approved amount is $242,000. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 13 jobs and $242,000 was used to fund payroll.

Abacus software systems corporation is Existing or more than 2 years old

ABACUS SOFTWARE SYSTEMS CORPORATION

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ABACUS SOFTWARE SYSTEMS CORPORATION

Borrower Address

122 E Kings Highway Suite 501

Borrower City

Maple Shade

Borrower State

NJ

Borrower Zip

08052

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

242000.00

Current Approval Amount

242000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Maple Shade

Project County Name

BURLINGTON

Project State

NJ

Project Zip

08052-0015

CD

NJ-01

Jobs Reported

13

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

242000.00

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

Subchapter S Corporation

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

243352.55

Forgiveness Date

11/12/2020

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