Abc Payment Services INC

$1,655,200 PPP Loan in Burnsville, Minnesota

Loan Details

Loan Number
5416607004
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,655,200
Current Approval
$1,655,200
Forgiveness Amount
$1,665,453
Forgiveness Date
Nov 25, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Abc Payment Services INC
Address
2960 Judicial Rd Ste 100
ZIP Code
55337-5507
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238160)
Business Age
Existing or more than 2 years old
Jobs Reported
109
Estimated Revenue
$35.9M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$1,574,610
Rent
$76,811
Utilities
$3,779

Lender Information

Servicing Lender
Merchants Bank, National Association
Originating Lender
Merchants Bank, National Association

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