# PPP loan: AMERICAN BANK SYSTEMS, INC.
> **$474K** approved 04/08/2020 · Paid in Full · Loan `7889577007`
## Borrower
- **Name:** AMERICAN BANK SYSTEMS, INC.
- **Address:** 14000 PARKWAY COMMONS DR, OKLAHOMA CITY, OK, 73134-6114
- **NAICS:** 511210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $474K
- **Initial approval:** $474K
- **Forgiven:** $476K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $355K
- **Rent:** $118K
- **Jobs reported:** 35
## Lender
- **Originating:** First Bank of Owasso
- **Servicing:** First Bank of Owasso (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*