PPP Loan information for American business resource corporation

$1,750,000

American business resource corporation was initially approved for PPP Loan of amount $3,165,600, the current approved amount is $1,750,000. The loan was approved on 04/07/2020 by The Johnson Bank reported 405 jobs and $1,750,000 was used to fund payroll.

American business resource corporation is Existing or more than 2 years old

PPP Loan Search / WI / MADISON / American business resource corporation

AMERICAN BUSINESS RESOURCE CORPORATION

Date Approved

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

AMERICAN BUSINESS RESOURCE CORPORATION

Borrower Address

4600 AMERICAN PKWY

Borrower City

MADISON

Borrower State

WI

Borrower Zip

53718-8302

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3165600.00

Current Approval Amount

1750000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MADISON

Project County Name

DANE

Project State

WI

Project Zip

53718-8302

CD

WI-02

Jobs Reported

405

NAICS Code

561311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1750000.00

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

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1769130.14

Forgiveness Date

05/20/2021

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