PPP Loan information for American bancard processing llc

$952,500

American bancard processing llc was initially approved for PPP Loan of amount $952,500, the current approved amount is $952,500. The loan was approved on 04/10/2020 by The First Horizon Bank reported 64 jobs and $952,500 was used to fund payroll.

American bancard processing llc is Existing or more than 2 years old

AMERICAN BANCARD PROCESSING LLC

Date Approved

04/10/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

AMERICAN BANCARD PROCESSING LLC

Borrower Address

ATTN: FRANCE LEONARD 1801 HOLLAND DRIVE

Borrower City

BOCA RATON

Borrower State

FL

Borrower Zip

33487

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

952500.00

Current Approval Amount

952500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOCA RATON

Project County Name

PALM BEACH

Project State

FL

Project Zip

33487-1000

CD

FL-22

Jobs Reported

64

NAICS Code

522320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

952500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

963003.96

Forgiveness Date

05/18/2021

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