# PPP loan: ABS BUSINESS SYSTEMS OF MONTGOMERY, INC.
> **$338K** approved 04/15/2020 · Paid in Full · Loan `8934007103`
## Borrower
- **Name:** ABS BUSINESS SYSTEMS OF MONTGOMERY, INC.
- **Address:** 868 LAGOON COMMERCIAL BLVD, MONTGOMERY, AL, 36117-2205
- **NAICS:** 453210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $338K
- **Initial approval:** $338K
- **Forgiven:** $342K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $253K
- **Rent:** $68K
- **Utilities:** $17K
- **Jobs reported:** 22
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*