PPP Loan information for American business investments llc

$292,400

American business investments llc was initially approved for PPP Loan of amount $292,400, the current approved amount is $292,400. The loan was approved on 03/12/2021 by The Capitol National Bank reported 243 jobs and $292,400 was used to fund payroll.

American business investments llc is Existing or more than 2 years old

AMERICAN BUSINESS INVESTMENTS LLC

Date Approved

03/12/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

AMERICAN BUSINESS INVESTMENTS LLC

Borrower Address

5215 Jolly Cedar Ct

Borrower City

Lansing

Borrower State

MI

Borrower Zip

48911-3747

Loan Status Date

09/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

292400.00

Current Approval Amount

292400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35989

Servicing Lender Name

Capitol National Bank

Servicing Lender Address

200 Washington Sq North

Servicing Lender City

LANSING

Servicing Lender State

MI

Servicing Lender Zip

48933-1320

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lansing

Project County Name

INGHAM

Project State

MI

Project Zip

48911-3747

CD

MI-07

Jobs Reported

243

NAICS Code

722515

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

292394.00

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

35989

Originating Lender

Capitol National Bank

Originating Lender City

LANSING

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

296582.94

Forgiveness Date

08/17/2022

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