Automated Business Systems INC
$221,500 PPP Loan in Charlevoix, Michigan
Loan Details
- Loan Number
- 2203747210
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $221,500
- Current Approval
- $221,500
- Forgiveness Amount
- $223,912
- Forgiveness Date
- May 24, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Automated Business Systems INC
- Address
- 07560 Indian Trails
- City
- Charlevoix
- State
- Michigan
- ZIP Code
- 49720
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Administrative and Support and Waste Management (561110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 23
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MI-01
Loan Use Breakdown
- Payroll
- $195,000
- Rent
- $11,000
- Utilities
- $2,500
- Health Care
- $12,000
- Debt Interest
- $1,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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