PPP Loan information for Absolute food sales inc

$53,477

Absolute food sales inc was initially approved for PPP Loan of amount $53,477, the current approved amount is $53,477. The loan was approved on 03/09/2021 by The Bank of America, National Association reported 5 jobs and $53,477 was used to fund payroll.

Absolute food sales inc is Existing or more than 2 years old

ABSOLUTE FOOD SALES INC

Date Approved

03/09/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

ABSOLUTE FOOD SALES INC

Borrower Address

300 Holiday Dr

Borrower City

Crossville

Borrower State

TN

Borrower Zip

38555-5865

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

53477.00

Current Approval Amount

53477.00

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

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Crossville

Project County Name

CUMBERLAND

Project State

TN

Project Zip

38555-5865

CD

TN-06

Jobs Reported

5

NAICS Code

425120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

53477.00

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

53724.61

Forgiveness Date

08/26/2021

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