PPP Loan information for Absolute logistics incorporated

$175,000

Absolute logistics incorporated was initially approved for PPP Loan of amount $175,000, the current approved amount is $175,000. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 25 jobs and $175,000 was used to fund payroll.

Absolute logistics incorporated is Existing or more than 2 years old

ABSOLUTE LOGISTICS INCORPORATED

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ABSOLUTE LOGISTICS INCORPORATED

Borrower Address

39 COURT ST

Borrower City

FREEHOLD

Borrower State

NJ

Borrower Zip

07728

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

175000.00

Current Approval Amount

175000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FREEHOLD

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07728-0001

CD

NJ-03

Jobs Reported

25

NAICS Code

488999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

175000.00

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

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

177091.35

Forgiveness Date

07/15/2021

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