PPP Loan information for Ab construction inc

$491,400

Ab construction inc was initially approved for PPP Loan of amount $491,400, the current approved amount is $491,400. The loan was approved on 04/10/2020 by The Truist Bank reported 38 jobs and $491,400 was used to fund payroll.

Ab construction inc is Existing or more than 2 years old

AB CONSTRUCTION INC

Date Approved

04/10/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

AB CONSTRUCTION INC

Borrower Address

9418 ANNAPOLIS RD STE 204

Borrower City

LANHAM

Borrower State

MD

Borrower Zip

20706-3004

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

491400.00

Current Approval Amount

491400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LANHAM

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20706-3004

CD

MD-04

Jobs Reported

38

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

491400.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

494716.95

Forgiveness Date

12/17/2020

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