PPP Loan information for Abc home and commercial services

$2,315,800

Abc home and commercial services was initially approved for PPP Loan of amount $2,822,400, the current approved amount is $2,315,800. The loan was approved on 04/10/2020 by The Independent Bank reported 225 jobs and $2,315,800 was used to fund payroll.

Abc home and commercial services is Existing or more than 2 years old

ABC HOME AND COMMERCIAL SERVICES

Date Approved

04/10/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

ABC HOME AND COMMERCIAL SERVICES

Borrower Address

997 GRANDYS LN

Borrower City

LEWISVILLE

Borrower State

TX

Borrower Zip

75077-2507

Loan Status Date

03/10/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2822400.00

Current Approval Amount

2315800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68987

Servicing Lender Name

Independent Bank

Servicing Lender Address

3090 Craig Dr

Servicing Lender City

MCKINNEY

Servicing Lender State

TX

Servicing Lender Zip

75070-4352

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEWISVILLE

Project County Name

DENTON

Project State

TX

Project Zip

75077-2507

CD

TX-26

Jobs Reported

225

NAICS Code

561710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

12318.00

Payroll Proceed

2234965.00

Mortgage Interest Proceed

0.00

Rent Proceed

68517.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

68987

Originating Lender

Independent Bank

Originating Lender City

MCKINNEY

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2345905.40

Forgiveness Date

07/30/2021

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