PPP Loan information for Abab inc

$18,200

Abab inc was initially approved for PPP Loan of amount $18,200, the current approved amount is $18,200. The loan was approved on 04/15/2020 by The Southern Bancorp Bank reported 11 jobs and $18,200 was used to fund payroll.

Abab inc is Existing or more than 2 years old

PPP Loan Search / MS / CLARKSDALE / Abab inc

ABAB INC

Date Approved

04/15/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

ABAB INC

Borrower Address

417 DESOTO AVE

Borrower City

CLARKSDALE

Borrower State

MS

Borrower Zip

38614-5214

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18200.00

Current Approval Amount

18200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4089

Servicing Lender Name

Southern Bancorp Bank

Servicing Lender Address

605 Main St

Servicing Lender City

ARKADELPHIA

Servicing Lender State

AR

Servicing Lender Zip

71923-6037

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLARKSDALE

Project County Name

COAHOMA

Project State

MS

Project Zip

38614-5214

CD

MS-02

Jobs Reported

11

NAICS Code

442110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1820.00

Payroll Proceed

13650.00

Mortgage Interest Proceed

2730.00

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

4089

Originating Lender

Southern Bancorp Bank

Originating Lender City

ARKADELPHIA

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

18332.64

Forgiveness Date

01/08/2021

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