PPP Loan information for Advanced business communications inc

$93,655

Advanced business communications inc was initially approved for PPP Loan of amount $93,655, the current approved amount is $93,655. The loan was approved on 04/08/2020 by The The Park National Bank reported 7 jobs and $93,655 was used to fund payroll.

Advanced business communications inc is Existing or more than 2 years old

PPP Loan Search / OH / NEWARK / Advanced business communications inc

ADVANCED BUSINESS COMMUNICATIONS INC

Date Approved

04/08/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

ADVANCED BUSINESS COMMUNICATIONS INC

Borrower Address

77 Dayton Road NE

Borrower City

NEWARK

Borrower State

OH

Borrower Zip

43055-8814

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

93655.00

Current Approval Amount

93655.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWARK

Project County Name

LICKING

Project State

OH

Project Zip

43055-8814

CD

OH-12

Jobs Reported

7

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2620.00

Payroll Proceed

85111.00

Mortgage Interest Proceed

0.00

Rent Proceed

2724.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3200.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

94086.07

Forgiveness Date

10/09/2020

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