PPP Loan information for Advanced business systems, inc.

$98,700

Advanced business systems, inc. was initially approved for PPP Loan of amount $98,700, the current approved amount is $98,700. The loan was approved on 04/27/2020 by The River Bank reported 7 jobs and $98,700 was used to fund payroll.

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

ADVANCED BUSINESS SYSTEMS, INC.

Date Approved

04/27/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

ADVANCED BUSINESS SYSTEMS, INC.

Borrower Address

2003 GEORGE ST

Borrower City

LA CROSSE

Borrower State

WI

Borrower Zip

54603-2088

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

98700.00

Current Approval Amount

98700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76816

Servicing Lender Name

River Bank

Servicing Lender Address

145 N Main St

Servicing Lender City

STODDARD

Servicing Lender State

WI

Servicing Lender Zip

54658

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LA CROSSE

Project County Name

LA CROSSE

Project State

WI

Project Zip

54603-2088

CD

WI-03

Jobs Reported

7

NAICS Code

425110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9700.00

Payroll Proceed

79000.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

76816

Originating Lender

River Bank

Originating Lender City

STODDARD

Originating Lender State

WI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

99256.56

Forgiveness Date

11/27/2020

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