PPP Loan information for Abc distributors inc

$97,500

Abc distributors inc was initially approved for PPP Loan of amount $97,500, the current approved amount is $97,500. The loan was approved on 04/11/2020 by The State Bank reported 8 jobs and $97,500 was used to fund payroll.

Abc distributors inc is Existing or more than 2 years old

PPP Loan Search / IN / PLAINFIELD / Abc distributors inc

ABC DISTRIBUTORS INC

Date Approved

04/11/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ABC DISTRIBUTORS INC

Borrower Address

2198 REEVES RD

Borrower City

PLAINFIELD

Borrower State

IN

Borrower Zip

46168-7913

Loan Status Date

11/14/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97500.00

Current Approval Amount

97500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23892

Servicing Lender Name

State Bank

Servicing Lender Address

900 E 56th St

Servicing Lender City

BROWNSBURG

Servicing Lender State

IN

Servicing Lender Zip

46112

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PLAINFIELD

Project County Name

HENDRICKS

Project State

IN

Project Zip

46168-7913

CD

IN-04

Jobs Reported

8

NAICS Code

423920

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3000.00

Payroll Proceed

94500.00

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

Subchapter S Corporation

Originating Lender Location Id

23892

Originating Lender

State Bank

Originating Lender City

BROWNSBURG

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

97963.12

Forgiveness Date

10/13/2020

;