PPP Loan information for American business development group

$111,572

American business development group was initially approved for PPP Loan of amount $111,572, the current approved amount is $111,572. The loan was approved on 02/01/2021 by The United Bank reported 5 jobs and $111,572 was used to fund payroll.

American business development group is Existing or more than 2 years old

AMERICAN BUSINESS DEVELOPMENT GROUP

Date Approved

02/01/2021

SBA Office Code

0353

Processing Method

PPP

Borrower Name

AMERICAN BUSINESS DEVELOPMENT GROUP

Borrower Address

301 Maple Ave W Ste 500

Borrower City

Vienna

Borrower State

VA

Borrower Zip

22180-4300

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

111572.00

Current Approval Amount

111572.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Vienna

Project County Name

FAIRFAX

Project State

VA

Project Zip

22180-4300

CD

VA-11

Jobs Reported

5

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

111570.00

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

Corporation

Originating Lender Location Id

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

112396.39

Forgiveness Date

11/05/2021

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