# PPP loan: ABACUS SERVICE CORPORATION
> **$2.96M** approved 04/13/2020 · Paid in Full · Loan `5145987108`
## Borrower
- **Name:** ABACUS SERVICE CORPORATION
- **Address:** 25925 TELEGRAPH RD, SOUTHFIELD, MI, 48033-2501
- **NAICS:** 561320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.96M
- **Initial approval:** $2.96M
- **Forgiven:** $2.99M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.96M
- **Jobs reported:** 230
## Lender
- **Originating:** Citizens Bank, National Association
- **Servicing:** Citizens Bank, National Association (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*