PPP Loan information for Absolute energy, llc

$757,390

Absolute energy, llc was initially approved for PPP Loan of amount $757,390, the current approved amount is $757,390. The loan was approved on 04/06/2020 by The Home Federal Savings Bank reported 46 jobs and $757,390 was used to fund payroll.

Absolute energy, llc is Existing or more than 2 years old

PPP Loan Search / IA / SAINT ANSGAR / Absolute energy, llc

ABSOLUTE ENERGY, LLC

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

ABSOLUTE ENERGY, LLC

Borrower Address

1372 STATE LINE ST

Borrower City

SAINT ANSGAR

Borrower State

IA

Borrower Zip

50472-8806

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

757390.00

Current Approval Amount

757390.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81242

Servicing Lender Name

Home Federal Savings Bank

Servicing Lender Address

1016 Civic Center Dr NW

Servicing Lender City

ROCHESTER

Servicing Lender State

MN

Servicing Lender Zip

55901-1881

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT ANSGAR

Project County Name

MITCHELL

Project State

IA

Project Zip

50472-8806

CD

IA-02

Jobs Reported

46

NAICS Code

325193

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

757390.00

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

Cooperative

Originating Lender Location Id

81242

Originating Lender

Home Federal Savings Bank

Originating Lender City

ROCHESTER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

761639.80

Forgiveness Date

11/03/2020

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