PPP Loan information for American business systems inc.

$39,467

American business systems inc. was initially approved for PPP Loan of amount $39,467, the current approved amount is $39,467. The loan was approved on 01/28/2021 by The QNB Bank reported 4 jobs and $39,467 was used to fund payroll.

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

PPP Loan Search / PA / Southampton / American business systems inc.

AMERICAN BUSINESS SYSTEMS INC.

Date Approved

01/28/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

AMERICAN BUSINESS SYSTEMS INC.

Borrower Address

1300 Industrial Blvd

Borrower City

Southampton

Borrower State

PA

Borrower Zip

18966-4029

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

39467.00

Current Approval Amount

39467.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

62342

Servicing Lender Name

QNB Bank

Servicing Lender Address

15 N Third St

Servicing Lender City

QUAKERTOWN

Servicing Lender State

PA

Servicing Lender Zip

18951-1376

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Southampton

Project County Name

BUCKS

Project State

PA

Project Zip

18966-4029

CD

PA-01

Jobs Reported

4

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

39465.00

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

62342

Originating Lender

QNB Bank

Originating Lender City

QUAKERTOWN

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

39708.13

Forgiveness Date

09/17/2021

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