PPP Loan information for Ab systems inc.

$436,868

Ab systems inc. was initially approved for PPP Loan of amount $436,868, the current approved amount is $436,868. The loan was approved on 02/07/2021 by The West Bank reported 28 jobs and $436,868 was used to fund payroll.

Ab systems inc. is Existing or more than 2 years old

AB SYSTEMS INC.

Date Approved

02/07/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

AB SYSTEMS INC.

Borrower Address

209 Woodlake Dr SE

Borrower City

Rochester

Borrower State

MN

Borrower Zip

55904-5530

Loan Status Date

08/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

436867.57

Current Approval Amount

436867.57

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25587

Servicing Lender Name

West Bank

Servicing Lender Address

1601 22nd St

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-1408

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rochester

Project County Name

OLMSTED

Project State

MN

Project Zip

55904-5530

CD

MN-01

Jobs Reported

28

NAICS Code

423620

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

436867.57

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

25587

Originating Lender

West Bank

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

442983.72

Forgiveness Date

07/14/2022

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