PPP Loan information for Absolute construction inc.

$252,404

Absolute construction inc. was initially approved for PPP Loan of amount $252,404, the current approved amount is $252,404. The loan was approved on 04/13/2020 by The Iowa State Bank reported 23 jobs and $252,404 was used to fund payroll.

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

PPP Loan Search / IA / SIBLEY / Absolute construction inc.

ABSOLUTE CONSTRUCTION INC.

Date Approved

04/13/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

ABSOLUTE CONSTRUCTION INC.

Borrower Address

1956 Pierce Ave

Borrower City

SIBLEY

Borrower State

IA

Borrower Zip

51249-7005

Loan Status Date

09/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

252404.00

Current Approval Amount

252404.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25094

Servicing Lender Name

Iowa State Bank

Servicing Lender Address

1101 Main St

Servicing Lender City

HULL

Servicing Lender State

IA

Servicing Lender Zip

51239

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SIBLEY

Project County Name

OSCEOLA

Project State

IA

Project Zip

51249-7005

CD

IA-04

Jobs Reported

23

NAICS Code

236210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

252404.00

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

Subchapter S Corporation

Originating Lender Location Id

25094

Originating Lender

Iowa State Bank

Originating Lender City

HULL

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

254353.12

Forgiveness Date

01/20/2021

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