PPP Loan information for A&b business, inc.

$1,348,400

A&b business, inc. was initially approved for PPP Loan of amount $1,348,400, the current approved amount is $1,348,400. The loan was approved on 04/04/2020 by The American Bank & Trust reported 96 jobs and $1,348,400 was used to fund payroll.

A&b business, inc. is Existing or more than 2 years old

A&B BUSINESS, INC.

Date Approved

04/04/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

A&B BUSINESS, INC.

Borrower Address

1600 NORTH A AVE

Borrower City

SIOUX FALLS

Borrower State

SD

Borrower Zip

57104-0370

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1348400.00

Current Approval Amount

1348400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66723

Servicing Lender Name

American Bank & Trust

Servicing Lender Address

120 E Main St

Servicing Lender City

WESSINGTON SPRINGS

Servicing Lender State

SD

Servicing Lender Zip

57382

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SIOUX FALLS

Project County Name

MINNEHAHA

Project State

SD

Project Zip

57104-0370

CD

SD-

Jobs Reported

96

NAICS Code

453210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1348400.00

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

66723

Originating Lender

American Bank & Trust

Originating Lender City

WESSINGTON SPRINGS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1347657.27

Forgiveness Date

12/23/2020

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