PPP Loan information for American business supply & service company inc.

$125,000

American business supply & service company inc. was initially approved for PPP Loan of amount $125,000, the current approved amount is $125,000. The loan was approved on 01/17/2021 by The SouthPoint Bank reported 14 jobs and $125,000 was used to fund payroll.

American business supply & service company inc. is Existing or more than 2 years old

AMERICAN BUSINESS SUPPLY & SERVICE COMPANY INC.

Date Approved

01/17/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

AMERICAN BUSINESS SUPPLY & SERVICE COMPANY INC.

Borrower Address

1 W Park Dr

Borrower City

Birmingham

Borrower State

AL

Borrower Zip

35211-4471

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

125000.00

Current Approval Amount

125000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437056

Servicing Lender Name

SouthPoint Bank

Servicing Lender Address

3501 Grandview Pkwy

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35243-1930

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Birmingham

Project County Name

JEFFERSON

Project State

AL

Project Zip

35211-4471

CD

AL-07

Jobs Reported

14

NAICS Code

339940

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

124996.00

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

437056

Originating Lender

SouthPoint Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

125753.47

Forgiveness Date

08/27/2021

;