PPP Loan information for Abacus business corp. group inc.

$1,338,700

Abacus business corp. group inc. was initially approved for PPP Loan of amount $1,338,700, the current approved amount is $1,338,700. The loan was approved on 04/05/2020 by The East West Bank reported 114 jobs and $1,338,700 was used to fund payroll.

Abacus business corp. group inc. is Existing or more than 2 years old

PPP Loan Search / CA / LOS ANGELES / Abacus business corp. group inc.

ABACUS BUSINESS CORP. GROUP INC.

Date Approved

04/05/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

ABACUS BUSINESS CORP. GROUP INC.

Borrower Address

2730 MAIN ST

Borrower City

LOS ANGELES

Borrower State

CA

Borrower Zip

90031-3321

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1338700.00

Current Approval Amount

1338700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119918

Servicing Lender Name

East West Bank

Servicing Lender Address

135 N Los Robles Ave, 7th Fl

Servicing Lender City

PASADENA

Servicing Lender State

CA

Servicing Lender Zip

91101-4525

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LOS ANGELES

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90031-3321

CD

CA-34

Jobs Reported

114

NAICS Code

621511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1338700.00

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

119918

Originating Lender

East West Bank

Originating Lender City

PASADENA

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1351194.53

Forgiveness Date

03/11/2021

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