PPP Loan information for Inter-commercial bus. sys.,inc

$627,500

Inter-commercial bus. sys.,inc was initially approved for PPP Loan of amount $627,500, the current approved amount is $627,500. The loan was approved on 04/06/2020 by The American State Bank reported 41 jobs and $627,500 was used to fund payroll.

Inter-commercial bus. sys.,inc is Existing or more than 2 years old

PPP Loan Search / TX / ALLEN / Inter-commercial bus. sys.,inc

INTER-COMMERCIAL BUS. SYS.,INC

Date Approved

04/06/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

INTER-COMMERCIAL BUS. SYS.,INC

Borrower Address

601 CENTURY PKWY

Borrower City

ALLEN

Borrower State

TX

Borrower Zip

75013-8034

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

627500.00

Current Approval Amount

627500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68992

Servicing Lender Name

American State Bank

Servicing Lender Address

102 Front St

Servicing Lender City

ARP

Servicing Lender State

TX

Servicing Lender Zip

75750

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALLEN

Project County Name

COLLIN

Project State

TX

Project Zip

75013-8034

CD

TX-03

Jobs Reported

41

NAICS Code

517911

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

627500.00

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

68992

Originating Lender

American State Bank

Originating Lender City

ARP

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

633269.51

Forgiveness Date

03/08/2021

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