PPP Loan information for Absolute electronics, inc.

$215,000

Absolute electronics, inc. was initially approved for PPP Loan of amount $215,000, the current approved amount is $215,000. The loan was approved on 04/07/2020 by The Waukesha State Bank reported 23 jobs and $215,000 was used to fund payroll.

Absolute electronics, inc. is Existing or more than 2 years old

ABSOLUTE ELECTRONICS, INC.

Date Approved

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

ABSOLUTE ELECTRONICS, INC.

Borrower Address

W137N8589 LANDOVER CT

Borrower City

MENOMONEE FALLS

Borrower State

WI

Borrower Zip

53051-3398

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

215000.00

Current Approval Amount

215000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76872

Servicing Lender Name

Waukesha State Bank

Servicing Lender Address

151 E St. Paul Ave

Servicing Lender City

WAUKESHA

Servicing Lender State

WI

Servicing Lender Zip

53188-3701

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MENOMONEE FALLS

Project County Name

WAUKESHA

Project State

WI

Project Zip

53051-3398

CD

WI-05

Jobs Reported

23

NAICS Code

334419

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

215000.00

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

76872

Originating Lender

Waukesha State Bank

Originating Lender City

WAUKESHA

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

217509.32

Forgiveness Date

06/16/2021

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