PPP Loan information for Abc payment services inc

$1,655,200

Abc payment services inc was initially approved for PPP Loan of amount $1,655,200, the current approved amount is $1,655,200. The loan was approved on 04/05/2020 by The Merchants Bank, National Association reported 109 jobs and $1,655,200 was used to fund payroll.

Abc payment services inc is Existing or more than 2 years old

PPP Loan Search / MN / BURNSVILLE / Abc payment services inc

ABC PAYMENT SERVICES INC

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ABC PAYMENT SERVICES INC

Borrower Address

2960 JUDICIAL RD STE 100

Borrower City

BURNSVILLE

Borrower State

MN

Borrower Zip

55337-5507

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1655200.00

Current Approval Amount

1655200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BURNSVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55337-5507

CD

MN-02

Jobs Reported

109

NAICS Code

238160

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3779.00

Payroll Proceed

1574610.00

Mortgage Interest Proceed

0.00

Rent Proceed

76811.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1665453.04

Forgiveness Date

11/25/2020

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