PPP Loan information for Ab design studio, inc.

$326,175

Ab design studio, inc. was initially approved for PPP Loan of amount $326,175, the current approved amount is $326,175. The loan was approved on 04/13/2020 by The Montecito Bank & Trust reported 19 jobs and $326,175 was used to fund payroll.

Ab design studio, inc. is Existing or more than 2 years old

PPP Loan Search / CA / SANTA BARBARA / Ab design studio, inc.

AB DESIGN STUDIO, INC.

Date Approved

04/13/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

AB DESIGN STUDIO, INC.

Borrower Address

420 EAST HALEY ST

Borrower City

SANTA BARBARA

Borrower State

CA

Borrower Zip

93101-1715

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

326174.50

Current Approval Amount

326174.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5852

Servicing Lender Name

Montecito Bank & Trust

Servicing Lender Address

1000 State St

Servicing Lender City

SANTA BARBARA

Servicing Lender State

CA

Servicing Lender Zip

93101-2711

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SANTA BARBARA

Project County Name

SANTA BARBARA

Project State

CA

Project Zip

93101-1715

CD

CA-24

Jobs Reported

19

NAICS Code

541310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1130.00

Payroll Proceed

290890.92

Mortgage Interest Proceed

0.00

Rent Proceed

11492.83

Refinance EIDL Proceed

0.00

Health Care Proceed

14544.95

Debt Interest Proceed

8115.8

Business Type

Corporation

Originating Lender Location Id

5852

Originating Lender

Montecito Bank & Trust

Originating Lender City

SANTA BARBARA

Originating Lender State

CA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

328998.37

Forgiveness Date

02/25/2021

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