PPP Loan information for Approval payment solutions inc.

$454,400

Approval payment solutions inc. was initially approved for PPP Loan of amount $454,400, the current approved amount is $454,400. The loan was approved on 04/11/2020 by The Old National Bank reported 36 jobs and $454,400 was used to fund payroll.

Approval payment solutions inc. is Existing or more than 2 years old

APPROVAL PAYMENT SOLUTIONS INC.

Date Approved

04/11/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

APPROVAL PAYMENT SOLUTIONS INC.

Borrower Address

10999 Stahl Rd.

Borrower City

NEWBURGH

Borrower State

IN

Borrower Zip

47630-7429

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

454400.00

Current Approval Amount

454400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWBURGH

Project County Name

WARRICK

Project State

IN

Project Zip

47630-7429

CD

IN-08

Jobs Reported

36

NAICS Code

522320

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

454400.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

458844.41

Forgiveness Date

04/14/2021

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