# PPP loan: AMERICAN BUSINESS SYSTEMS CO.
> **$170K** approved 04/06/2020 · Paid in Full · Loan `5663337003`
## Borrower
- **Name:** AMERICAN BUSINESS SYSTEMS CO.
- **Address:** 416 S JEFFERSON AVE, SPRINGFIELD, MO, 65806-2316
- **NAICS:** 424120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $171K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $158K
- **Rent:** $3K
- **Mortgage interest:** $500
- **Utilities:** $7K
- **Health care:** $1K
- **Debt interest:** $200
- **Jobs reported:** 17
## Lender
- **Originating:** The Bank of Missouri
- **Servicing:** The Bank of Missouri (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*