PPP Loan information for Absolute island management, inc.

$111,800

Absolute island management, inc. was initially approved for PPP Loan of amount $111,800, the current approved amount is $111,800. The loan was approved on 04/14/2020 by The Coastal States Bank reported 10 jobs and $111,800 was used to fund payroll.

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

ABSOLUTE ISLAND MANAGEMENT, INC.

Date Approved

04/14/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

ABSOLUTE ISLAND MANAGEMENT, INC.

Borrower Address

380 MARSHLAND RD CLUBHOUSE

Borrower City

HILTON HEAD ISLAND

Borrower State

SC

Borrower Zip

29926-2119

Loan Status Date

01/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

111800.00

Current Approval Amount

111800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

382926

Servicing Lender Name

Coastal States Bank

Servicing Lender Address

5 Bow Circle

Servicing Lender City

HILTON HEAD ISLAND

Servicing Lender State

SC

Servicing Lender Zip

29928-7344

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

29926-2119

CD

SC-01

Jobs Reported

10

NAICS Code

531311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2236.00

Payroll Proceed

89440.00

Mortgage Interest Proceed

14534.00

Rent Proceed

5590.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

382926

Originating Lender

Coastal States Bank

Originating Lender City

HILTON HEAD ISLAND

Originating Lender State

SC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

112430.43

Forgiveness Date

11/12/2020

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