# PPP loan: AMERICAN BUSINESS SUPPLIES, INC.
> **$193K** approved 04/06/2020 · Paid in Full · Loan `5725377000`
## Borrower
- **Name:** AMERICAN BUSINESS SUPPLIES, INC.
- **Address:** 7560 AE BEATY DR Suite 1, BARTLETT, TN, 38133-3944
- **NAICS:** 424120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $193K
- **Initial approval:** $193K
- **Forgiven:** $194K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $193K
- **Jobs reported:** 15
## Lender
- **Originating:** Paragon Bank
- **Servicing:** Paragon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*