PPP Loan information for Absolute island management inc

$112,645

Absolute island management inc was initially approved for PPP Loan of amount $112,645, the current approved amount is $112,645. The loan was approved on 03/20/2021 by The Palmetto State Bank reported 11 jobs and $112,645 was used to fund payroll.

Absolute island management inc is Existing or more than 2 years old

ABSOLUTE ISLAND MANAGEMENT INC

Date Approved

03/20/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

ABSOLUTE ISLAND MANAGEMENT INC

Borrower Address

840 William Hilton Pkwy Ste E

Borrower City

Hilton Head Island

Borrower State

SC

Borrower Zip

29928-3434

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

112645.00

Current Approval Amount

112645.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66132

Servicing Lender Name

Palmetto State Bank

Servicing Lender Address

601 1st St W

Servicing Lender City

HAMPTON

Servicing Lender State

SC

Servicing Lender Zip

29924-3505

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hilton Head Island

Project County Name

BEAUFORT

Project State

SC

Project Zip

29928-3434

CD

SC-01

Jobs Reported

11

NAICS Code

531311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

112641.00

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

66132

Originating Lender

Palmetto State Bank

Originating Lender City

HAMPTON

Originating Lender State

SC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

113141.87

Forgiveness Date

09/07/2021

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