PPP Loan information for American business supplies, inc.

$192,500

American business supplies, inc. was initially approved for PPP Loan of amount $192,500, the current approved amount is $192,500. The loan was approved on 04/06/2020 by The Paragon Bank reported 15 jobs and $192,500 was used to fund payroll.

American business supplies, inc. is Existing or more than 2 years old

PPP Loan Search / TN / BARTLETT / American business supplies, inc.

AMERICAN BUSINESS SUPPLIES, INC.

Date Approved

04/06/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

AMERICAN BUSINESS SUPPLIES, INC.

Borrower Address

7560 AE BEATY DR Suite 1

Borrower City

BARTLETT

Borrower State

TN

Borrower Zip

38133-3944

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

192500.00

Current Approval Amount

192500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

433171

Servicing Lender Name

Paragon Bank

Servicing Lender Address

5400 Poplar Ave

Servicing Lender City

Memphis

Servicing Lender State

TN

Servicing Lender Zip

38119

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BARTLETT

Project County Name

SHELBY

Project State

TN

Project Zip

38133-3944

CD

TN-08

Jobs Reported

15

NAICS Code

424120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

192500.00

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

433171

Originating Lender

Paragon Bank

Originating Lender City

Memphis

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

193772.64

Forgiveness Date

12/08/2020

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