PPP Loan information for Absolute food sales inc

$53,478

Absolute food sales inc was initially approved for PPP Loan of amount $53,478, the current approved amount is $53,478. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 8 jobs and $53,478 was used to fund payroll.

Absolute food sales inc is New Business or 2 years or less

PPP Loan Search / TN / CROSSVILLE / Absolute food sales inc

ABSOLUTE FOOD SALES INC

Date Approved

05/01/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

ABSOLUTE FOOD SALES INC

Borrower Address

240 OLD JAMESTOWN HWY #3431

Borrower City

CROSSVILLE

Borrower State

TN

Borrower Zip

38555-9998

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53478.00

Current Approval Amount

53478.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

CROSSVILLE

Project County Name

CUMBERLAND

Project State

TN

Project Zip

38555-9998

CD

TN-06

Jobs Reported

8

NAICS Code

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

53478.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

53807.66

Forgiveness Date

12/16/2020

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