ABS OFFICE SYSTEMS, INC. (AL) - 2020 PPP Loan Borrower Profile (# 9553127007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABS OFFICE SYSTEMS, 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

9553127007

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$61,057

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$61,677.61

Date Loan was Forgiven

Apr 22, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

61,057

Lender

Farmers and Merchants Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

532420

Borrower Location

ATTALLA, AL

Project Location

ATTALLA, AL

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.