Loans Issued BY American Business Bank

Loan Amount Company Name Location Lender
$1-2M COXWELLS, INCORPORATED Tempe , AZ American Business Bank
$1-2M BARROW UTILITIES AND ELECTRIC COOPERATIVE INC Barrow , AK Native American Bank, National Association
$350K-1M NAKNEK ELECTRIC ASSOCIATION Naknek , AK Native American Bank, National Association
$150K-350K METLAKATLA INDIAN COMMUNITY Metlakatla , AK Native American Bank, National Association
$150K-350K REGENCY ENERGY SERVICES, LLC Fairbanks , AK American State Bank & Trust Company of Williston
$150K-350K TRADING UNION INCORPORATED Petersburg , AK American Express National Bank
$150K-350K DESIGN WORLD, INC Huntsville , AL First American National Bank
$350K-1M SONSTEGARD FOODS OF ARKANSAS, INC. Springdale , AR American State Bank
$150K-350K ME TRANSPORT LLC Little rock , AR American National Bank
$150K-350K NOODLES ITALIAN KITCHEN, LIMITED PARTNERSHIP Fayetteville , AR American Express National Bank
$150K-350K VAPOR HOUSE LLC Little rock , AR American Express National Bank
$350K-1M MC CONNELL DOWELL Pago pago , AS Territorial Bank of American Samoa
$2-5M CHIRICAHUA COMMUNITY HEALTH CENTERS, INC. Douglas , AZ American Southwest CU
$2-5M HWAI BAY BA:J ENTERPRISE INC. Peach springs , AZ Native American Bank, National Association
$2-5M LAST MILE INC Scottsdale , AZ American Express National Bank
$2-5M PERFORMANCE SOFTWARE CORPORATION Phoenix , AZ American Federal Bank
$2-5M PM&M ELECTRIC, INC. Mesa , AZ American Express National Bank
$2-5M TITAN FACILITYSERVICES, LLC Gilbert , AZ Native American Bank, National Association
$1-2M AAA CAB SERVICE, INC. Phoenix , AZ American Express National Bank
$1-2M DIVERSIFIED BUILDER SUPPLY INC Chandler , AZ First American Bank
$1-2M SWAPP CONSTRUCTION INC. Morenci , AZ First American Bank
$1-2M TRISTAR INCORPORATED Phoenix , AZ American Express National Bank
$1-2M WIRELESS REVOLUTION Scottsdale , AZ American Express National Bank
$350K-1M ARCHSOL, LLC Scottsdale , AZ One American Bank
$350K-1M ARTSCO, INC Phoenix , AZ American Express National Bank
$350K-1M BERG ENTERPRISES INC Sierra vista , AZ American Southwest CU
$350K-1M GAMEROOM GOODIES Avondale , AZ American Express National Bank
$350K-1M INLINE FINANCIAL CORPORATION DBA INLINE LENDING Scottsdale , AZ American Express National Bank
$350K-1M IVAR, LLC Scottsdale , AZ American Express National Bank
$350K-1M L&W MACHINE CO. Phoenix , AZ American Express National Bank
$350K-1M LIBERTY LOGISTICS LLC Scottsdale , AZ American Express National Bank
$350K-1M LIFTABLE MEDIA INC Phoenix , AZ American Express National Bank
$350K-1M LINTOC CARE, LLC Mesa , AZ American Express National Bank
$350K-1M LUSCOMBE ENGINEERING, INC Scottsdale , AZ American Express National Bank
$350K-1M NAVAJO ARTS AND CRAFTS ENTERPRISES Window rock , AZ Native American Bank, National Association

Frequently Asked Questions (FAQs)

A1: The CARES Act, officially known as the Coronavirus Aid, Relief, and Economic Security Act, is a federal law passed in March 2020 to provide economic relief to individuals, businesses, and healthcare providers affected by the COVID-19 pandemic.

The Paycheck Protection Program (PPP) is a part of the CARES Act designed to provide forgivable loans to small businesses to help cover payroll costs, rent, and other eligible expenses during the COVID-19 pandemic.

Small businesses, nonprofits, independent contractors, and self-employed individuals were generally eligible for PPP loans. Eligibility criteria and requirements may vary, so it's essential to check with the Small Business Administration (SBA) or your lender for specific details.

PPP loans were generally calculated based on a business's average monthly payroll costs. In most cases, businesses could receive up to 2.5 times their average monthly payroll costs, up to a maximum loan amount.

Yes, PPP loans are forgivable if the funds are used for eligible expenses like payroll, rent, and utilities. A certain percentage (usually 60% or more) of the loan must be used for payroll to qualify for full forgiveness

You can apply for a PPP loan through participating lenders, such as banks and credit unions. The SBA's website provides a list of lenders who participated in the program

Required documents typically include payroll records, tax forms, and other financial documents. Consult with your lender for specific documentation requirements

Deadlines for PPP loan applications have changed over time. It's essential to check the latest deadlines on the SBA's website or with your lender.

Yes, there is a second round of PPP loans (PPP2) available to eligible businesses. Requirements and eligibility criteria for PPP2 may differ from the first round.

You can request loan forgiveness through your lender by submitting the required documentation and forms. The forgiveness application process may vary based on the size and terms of your loan.