PPP Loan information for Ability commerce, inc.

$557,180

Ability commerce, inc. was initially approved for PPP Loan of amount $557,180, the current approved amount is $557,180. The loan was approved on 04/06/2020 by The Sentry Bank reported 42 jobs and $557,180 was used to fund payroll.

Ability commerce, inc. is Existing or more than 2 years old

ABILITY COMMERCE, INC.

Date Approved

04/06/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

ABILITY COMMERCE, INC.

Borrower Address

800 NW 17th Ave Suite B

Borrower City

DELRAY BEACH

Borrower State

FL

Borrower Zip

33445-2565

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

557180.00

Current Approval Amount

557180.00

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

33445-2565

CD

FL-22

Jobs Reported

42

NAICS Code

541613

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

55718.00

Payroll Proceed

417885.00

Mortgage Interest Proceed

0.00

Rent Proceed

83577.00

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

561482.67

Forgiveness Date

01/20/2021

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