PPP Loan information for Absolute auto inc.

$109,915

Absolute auto inc. was initially approved for PPP Loan of amount $109,915, the current approved amount is $109,915. The loan was approved on 03/13/2021 by The First Horizon Bank reported 9 jobs and $109,915 was used to fund payroll.

Absolute auto inc. is Existing or more than 2 years old

PPP Loan Search / TN / Madison / Absolute auto inc.

ABSOLUTE AUTO INC.

Date Approved

03/13/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

ABSOLUTE AUTO INC.

Borrower Address

1213 Northgate Business Pkwy

Borrower City

Madison

Borrower State

TN

Borrower Zip

37115-2475

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

109915.00

Current Approval Amount

109915.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Madison

Project County Name

DAVIDSON

Project State

TN

Project Zip

37115-2475

CD

TN-05

Jobs Reported

9

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

109913.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

110757.68

Forgiveness Date

12/23/2021

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