PPP Loan information for Ability commerce inc

$594,008

Ability commerce inc was initially approved for PPP Loan of amount $594,008, the current approved amount is $594,008. The loan was approved on 02/24/2021 by The Sentry Bank reported 37 jobs and $594,008 was used to fund payroll.

Ability commerce inc is Existing or more than 2 years old

PPP Loan Search / FL / Delray Beach / Ability commerce inc

ABILITY COMMERCE INC

Date Approved

02/24/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

ABILITY COMMERCE INC

Borrower Address

800 NW 17th Ave

Borrower City

Delray Beach

Borrower State

FL

Borrower Zip

33445-2581

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

594008.48

Current Approval Amount

594008.48

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38828

Servicing Lender Name

Sentry Bank

Servicing Lender Address

400 4th Ave NE

Servicing Lender City

SAINT JOSEPH

Servicing Lender State

MN

Servicing Lender Zip

56374-8644

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Delray Beach

Project County Name

PALM BEACH

Project State

FL

Project Zip

33445-2581

CD

FL-22

Jobs Reported

37

NAICS Code

541512

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

594006.48

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

38828

Originating Lender

Sentry Bank

Originating Lender City

SAINT JOSEPH

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

595922.51

Forgiveness Date

06/23/2021

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