PPP Loan information for Advanced business machines inc

$515,900

Advanced business machines inc was initially approved for PPP Loan of amount $515,900, the current approved amount is $515,900. The loan was approved on 01/26/2021 by The Citizens Bank, National Association reported 30 jobs and $515,900 was used to fund payroll.

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

PPP Loan Search / RI / Lincoln / Advanced business machines inc

ADVANCED BUSINESS MACHINES INC

Date Approved

01/26/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

ADVANCED BUSINESS MACHINES INC

Borrower Address

11 Powder Hill Rd

Borrower City

Lincoln

Borrower State

RI

Borrower Zip

02865-4407

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

515900.00

Current Approval Amount

515900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lincoln

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02865-4407

CD

RI-01

Jobs Reported

30

NAICS Code

561499

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

515898.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

520606.70

Forgiveness Date

12/29/2021

;