PPP Loan information for Automated business systems inc

$221,500

Automated business systems inc was initially approved for PPP Loan of amount $221,500, the current approved amount is $221,500. The loan was approved on 04/15/2020 by The JPMorgan Chase Bank, National Association reported 23 jobs and $221,500 was used to fund payroll.

Automated business systems inc is Existing or more than 2 years old

PPP Loan Search / MI / CHARLEVOIX / Automated business systems inc

AUTOMATED BUSINESS SYSTEMS INC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AUTOMATED BUSINESS SYSTEMS INC

Borrower Address

07560 Indian Trails

Borrower City

CHARLEVOIX

Borrower State

MI

Borrower Zip

49720

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

221500.00

Current Approval Amount

221500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHARLEVOIX

Project County Name

CHARLEVOIX

Project State

MI

Project Zip

49720-0001

CD

MI-01

Jobs Reported

23

NAICS Code

561110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2500.00

Payroll Proceed

195000.00

Mortgage Interest Proceed

0.00

Rent Proceed

11000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12000.00

Debt Interest Proceed

1000

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

223911.89

Forgiveness Date

05/24/2021

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