PPP Loan information for Abs med, inc.

$394,545

Abs med, inc. was initially approved for PPP Loan of amount $394,545, the current approved amount is $394,545. The loan was approved on 04/28/2020 by The CIBC Bank USA reported 21 jobs and $394,545 was used to fund payroll.

Abs med, inc. is Existing or more than 2 years old

PPP Loan Search / IL / DOWNERS GROVE / Abs med, inc.

ABS MED, INC.

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ABS MED, INC.

Borrower Address

5217 Thatcher Rd

Borrower City

DOWNERS GROVE

Borrower State

IL

Borrower Zip

60515-4027

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

394544.70

Current Approval Amount

394544.70

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DOWNERS GROVE

Project County Name

DUPAGE

Project State

IL

Project Zip

60515-4027

CD

IL-06

Jobs Reported

21

NAICS Code

423450

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

394544.70

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

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

398219.91

Forgiveness Date

04/08/2021

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