PPP Loan information for Abs business systems of birmingham, llc

$188,250

Abs business systems of birmingham, llc was initially approved for PPP Loan of amount $188,250, the current approved amount is $188,250. The loan was approved on 04/09/2020 by The Farmers and Merchants Bank reported 18 jobs and $188,250 was used to fund payroll.

Abs business systems of birmingham, llc is New Business or 2 years or less

PPP Loan Search / AL / BIRMINGHAM / Abs business systems of birmingham, llc

ABS BUSINESS SYSTEMS OF BIRMINGHAM, LLC

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ABS BUSINESS SYSTEMS OF BIRMINGHAM, LLC

Borrower Address

2317 2ND AVE S

Borrower City

BIRMINGHAM

Borrower State

AL

Borrower Zip

35233-2411

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

188250.00

Current Approval Amount

188250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3189

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

112 E Ladiga St

Servicing Lender City

PIEDMONT

Servicing Lender State

AL

Servicing Lender Zip

36272-1736

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BIRMINGHAM

Project County Name

JEFFERSON

Project State

AL

Project Zip

35233-2411

CD

AL-07

Jobs Reported

18

NAICS Code

532420

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

188250.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

3189

Originating Lender

Farmers and Merchants Bank

Originating Lender City

PIEDMONT

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

190163.45

Forgiveness Date

04/22/2021

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