PPP Loan information for Abacus systems inc.

$18,417

Abacus systems inc. was initially approved for PPP Loan of amount $18,417, the current approved amount is $18,417. The loan was approved on 05/01/2020 by The Customers Bank reported 2 jobs and $18,417 was used to fund payroll.

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

ABACUS SYSTEMS INC.

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ABACUS SYSTEMS INC.

Borrower Address

10 County Road 639

Borrower City

Sussex

Borrower State

NJ

Borrower Zip

07461

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18417.00

Current Approval Amount

18417.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sussex

Project County Name

SUSSEX

Project State

NJ

Project Zip

07461-0001

CD

NJ-05

Jobs Reported

2

NAICS Code

541512

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

18417.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

18544.66

Forgiveness Date

01/25/2021

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