PPP Loan information for Sbs associates inc

$240,222

Sbs associates inc was initially approved for PPP Loan of amount $240,222, the current approved amount is $240,222. The loan was approved on 04/15/2020 by The Affinity Bank reported 16 jobs and $240,222 was used to fund payroll.

Sbs associates inc is Existing or more than 2 years old

SBS ASSOCIATES INC

Date Approved

04/15/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

SBS ASSOCIATES INC

Borrower Address

1530 Hillcrest Road

Borrower City

NORCROSS

Borrower State

GA

Borrower Zip

30093-2617

Loan Status Date

01/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

240221.77

Current Approval Amount

240221.77

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81965

Servicing Lender Name

Affinity Bank

Servicing Lender Address

3175 Hwy 278

Servicing Lender City

Covington

Servicing Lender State

GA

Servicing Lender Zip

30014

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORCROSS

Project County Name

GWINNETT

Project State

GA

Project Zip

30093-2617

CD

GA-07

Jobs Reported

16

NAICS Code

541618

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

240221.77

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

81965

Originating Lender

Affinity Bank

Originating Lender City

Covington

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

241629.74

Forgiveness Date

11/23/2020

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