ABS BUSINESS SYSTEMS OF MONTGOMERY, INC. (AL) - 2020 PPP Loan Borrower Profile (# 8934007103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABS BUSINESS SYSTEMS OF MONTGOMERY, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Alabama.

Loan Detail

Loan Number

8934007103

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$337,700

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$341,836.83

Date Loan was Forgiven

Jul 2, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

16,885

Payroll Proced

253,275

Rent Proceed

67,540

Lender

ServisFirst Bank

Business Detail

Business Type

Corporation

NAICS

453210

Borrower Location

MONTGOMERY, AL

Project Location

MONTGOMERY, AL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.